NBU provides UAH 667.3 mln in refinancing to six banks

NBU provides UAH 667.3 mln in refinancing to six banks

Ukrinform
The National Bank of Ukraine (NBU) provided UAH 667.3 million in refinancing to six banks, the central bank’s press service reported.

“On May 15, 2020, a quantitative tender for refinancing of banks took place, as a result of which the applications of six banks for a total amount of UAH 667.3 million at the interest rate of 8.00% per annum were satisfied," reads the statement.

It notes that banks received refinancing for the period of 84 days.

As reported, the NBU on May 5 provided UAH 2.4 billion in refinancing to 11 banks for the period from one to five years.

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