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NBU changed the terms of crediting Deposit Guarantee Fund

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NBU changed the terms of crediting Deposit Guarantee Fund
Photo: Ivan Chernichkin

The National Bank of Ukraine has changed the terms of crediting Deposit Guarantee Fund, according to the NBU decree No. 612 approved on September 29.

Based on the specified decree, the regulator has introduced changes to the Regulation on Crediting Deposit Guarantee Fund by the National Bank.

NBU provides loans to the fund upon securing property rights on future revenues received on the Deposit Guarantee Fund and NBU’s current accounts including the special tax at 80% from the total amount of loan and taking into account the interest for three months of using loan, specified NBU.

As Capital reported, earlier NBU has increased the maximum term of its loans to the Deposit Guarantee Fund from one year to three years.

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