Яндекс.Метрика
19:16, 10 December 2008 Page views 150 views

Ministry of Finance and NBU Elaborate a Plan on Prevention of Credit Losses

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A high risk of credit losses has forced the National Bank of Ukraine, the Ministry of Finance and the country’s banks to elaborate a plan of joint actions for re-structuring of the borrowers’ debts. If the participants of the credit market agree with the terms of a corresponding memorandum, NBU will be able to lower the capital adequacy norm, while the Ministry of Finance will provide tax rebates to those banks, which sign the memorandum.



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