The new head of NBU explained what will happen to the discount rate

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Shevchenko also said that the National Bank would remain an independent institution.

The new head of the NBU said what would happen to the discount rate. Photo: bank.gov.ua

The National Bank of Ukraine should continue the policy of reducing the discount rate, which is at this level of 6% per year, said the new head of the central bank, Kirill Shevchenko.

Shevchenko said during her introduction by President Volodymyr Zalensky as head of the NBU on Monday July 20, “The NBU must maintain a policy of reducing the discount rate, which will ultimately be a cheaper loan for the end consumer, the bank’s borrowers . “

Shevchenko also said that the National Bank will remain an independent institution and will continue the policy of effective cooperation with international financial organizations and foreign investors.

“The National Bank will remain consistent and will continue to fulfill its obligations to citizens, businesses and government partners. I want to assure you once again that the National Bank will remain an independent institution. Decisions will continue to be made professionally and financially, ”he said.

The head of the NBU emphasized that the National Bank would continue the policy of effective cooperation with international financial organizations and foreign investors.

“I believe that Ukraine can truly become a regional financial center in 5 years, where investors around the world would like to invest long-term funds. NBU will continue to support the implementation of the key directions of the strategy of state banks , ”The NBU chief said.

Shevchenko promised “a new level of dialogue” in which Parliament, government and national banks can become a single mechanism for the development of the national economy.

Also, in his opinion, the NBU Must be limited The use of securities by banks to lend to the real sector of the economy.

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Earlier we had written that from 12 June the National Bank reduced the discount rate to 6%. As noted by the press service of the NBU, it is the lowest level in the entire history of independent Ukraine.

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According to the material interfax.com.ua, unian.net

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