NBU provides refinancing to three banks for UAH 930 mln

NBU provides refinancing to three banks for UAH 930 mln

The National Bank of Ukraine (NBU) provided UAH 930 million in refinancing to three banks on August 28, the NBU's press service reported.

"The National Bank of Ukraine reports that on August 28, 2020, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of three banks for a total sum of UAH 930.0 million at an interest rate of 6.00% per annum were satisfied. The funds were provided to PJSC KredoBank, PJSC CB Accordbank and JSC Ukrainian Bank for Reconstruction and Development,” reads the report.

As reported by Ukrinform, the NBU provided UAH 60 million in refinancing to JSC Bank Avangard on August 21, 2020.


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