NBU provides refinancing to Bank Sich for UAH 100M

NBU provides refinancing to Bank Sich for UAH 100M

The National Bank of Ukraine (NBU) provided UAH 100 million in refinancing to PJSC Bank Sich on September 4, the NBU's press service reported.

"The National Bank of Ukraine reports that on September 4, 2020, a quantitative tender was held for the refinancing of banks for a term of 84 days. The application of one bank for a total sum of UAH 100 million at an interest rate of 6.00% per annum was satisfied," the report reads.

As reported by Ukrinform, the NBU provided UAH 930 million in refinancing to three banks on August 28. The funds were provided to PJSC KredoBank, PJSC CB Accordbank and JSC Ukrainian Bank for Reconstruction and Development.


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