NBU names systemically important banks for 2018

NBU names systemically important banks for 2018

The National Bank of Ukraine (NBU) has left the list of systemically important banks unchanged. It includes three banks - PJSC CB PrivatBank, JSC Ukreximbank and JSC Oshchadbank, the central bank’s press service reports.

“PJSC CB PrivatBank, JSC Ukreximbank and JSC Oshchadbank have been designated as systemically important for 2018. This is stipulated in the resolution of the NBU Board, No.161-rsh, as of March 20, 2018. The banks had the status of systemically important in 2016-2017,” reads the report.

According to the NBU, systemically important banks by laws in many countries are banks whose bankruptcy or improper functioning could trigger systemic risks to the financial system. The NBU may apply tougher prudential requirements, including higher liquidity and capital ratios to systemically important banks, in accordance with common international practices. Systemically important banks are subject to special banking supervision. The procedure for identifying systemically important banks is carried out in line with the regulation approved by the resolution of the NBU Board, No.863, as of December 25, 2014.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: