Finance

refinancing

NBU allocated UAH 568.4 mn for refinancing

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NBU allocated UAH 568.4 mn for refinancing
Photo: Reuters

On October 29, the National Bank of Ukraine has allocated UAH 568.4 mn (US $43.56 mn) of refinancing to the banks to support liquidity, reported the press service of NBU, informed FinMaidan.

UAH 441 mn (US $33.82 mn) of refinancing were allocated to six banks thanks to holding a tender on the support of liquidity, specified the press service. The funds were provided at the weighted average interest rate in the amount of 19.86% per year for 13 days.

In addition, NBU allocated UAH 127.4 mn (US $9.77 mn) to four banks at the weighted average interest rate in the amount of 17.50% per year through a permanent refinancing line (overnight loans).

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