National Bank has simplified the return on investment from Ukraine

Нацбанк упростил порядок возврата инвестиций из Украины

Investors will have to provide fewer documents

The financial regulator expects to increase the investment attractiveness of the country.

National Bank simplifies procedure of return of foreign investment. This is stated in the decree of the NBU Board, the press service of the financial regulator.

Previously, foreign investors who intend to recoup the investment contribution, should submit to the authorized Bank a statement of the authorized Bank on the actual receipt of foreign currency in Ukraine, or documents certifying the formation of the investment contribution at the expense of reinvestments. This requirement is now abolished”, – reported in the NBU.

It is also reported that the changes take effect from 25 may 2016.

Earlier, the NBU said the reasons for the rising inflation.

NBU reported billions of dollars of Bank losses

Source