NBU, EBRD discuss current state of banking sector reform

NBU, EBRD discuss current state of banking sector reform

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Ukrinform
The representatives of the National Bank of Ukraine and the European Bank for Reconstruction and Development discussed the current state of the banking sector reform. 

“During the meeting, the parties discussed the current state of the banking sector reform. In particular, the new EBRD top manager assured that the actions of the National Bank would be further supported in this direction,” the NBU press service reports upon the meeting of Governor of the National Bank of Ukraine Yakiv Smolii with Vice President of the European Bank for Reconstruction and Development Alain Pilloux.

Alain Pilloux also recalled that the EBRD supported bringing corporate governance in state-owned banks in line with the international standards in accordance with the law to improve the functioning of the financial sector in Ukraine, which had been recently passed by the Parliament.

In addition, the EBRD representative stressed the need to improve legislation to solve the problem of non-performing loans.

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