NBU provides refinancing to two banks

NBU provides refinancing to two banks

The National Bank of Ukraine (NBU) provided UAH 600 million in refinancing to two banks on November 20, the NBU's press service reported.

"The National Bank of Ukraine reports that on November 20, 2020, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of two banks for a total sum of UAH 600.0 million at an interest rate of 6.00% per annum were satisfied,” reads the report.

The refinancing for a sum of UAH 300 million was provided to PJSC CB Accordbank and JSC Pravex Bank each.

As reported by Ukrinform, the NBU provided a total of UAH 16.577 billion in refinancing to 16 banks on November 13, 2020.


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