NBU poured into Privat 11 billion – media

НБУ влил в ПриватБанк еще 11 млрд гривен – СМИ

The total amount of refinancing in December amounted to almost 26 billion.

The national Bank of Ukraine at the end of December provided nationalized PrivatBank refinancing loan in the amount of 10.75 billion hryvnia, according to Interfax-Ukraine with reference to an informed source in banking circles.

The press service of PrivatBank and the Bank has not confirmed nor denied this information.

18 December, the NBU has provided PrivatBank refinancing loan of 15 billion UAH under 16% per annum with the aim of supporting liquidity and providing customer service, operation of branches and ATMs.

“Of the total amount of refinancing provided in December for a total amount of almost 26 billion – it will immediately become evident outflow of funds from the Bank – about UAH 1.5 billion per day, which was predictable and inevitable. Some customers go to other banks”, – said the source.

He noted that “lending is unsecured, that is to be repaid at the expense of bonds and was an inevitable part of the process”.

“The value of lending suggests that it is predictable and manageable process,” – said the source.

As reported Корреспондент.neton 22 December the head of the NBU Valery Gontareva said that before the introduction of PrivatBank in temporary administration, it withdrew UAH 2.6 billion.

In turn, the former first Deputy head of the Board of PrivatBank Oleg Gorokhovsky denies the withdrawal of funds from the Bank.

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