NBU will make apolitical and economically motivated decisions - Shevchenko

He stated this at the first working meeting with the heads of banks that are members of the Independent Association of the Banks of Ukraine, the NBU's press service reported on Facebook.

"I appreciate and respect the institutional independence gained by the central bank. Our task is to preserve it and increase the efficiency of the regulator. The recent personnel changes in both the board and the NBU have been aimed at strengthening the NBU's work," Shevchenko said.

He noted five main priorities in the work of the regulator - the real resumption of lending, reducing the portfolios of bad debts in banks, maintaining macro-financial stability, developing corporate governance reform in banks, and deepening cooperation with international partners.

According to the report, during the coronavirus crisis, resources and the support of the banking system are critical for the Ukrainian economy, and the reduction of portfolios of bad debts in banks is another "key" to launching full-fledged lending.

The fact that macro-financial stability has been maintained is an unconditional achievement of the last five years and a foundation for a stable and healthy economy, the report said.

"We remain in the program of cooperation with the IMF. It is important to Ukraine," the NBU said.

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