Stelmakh: Foreign banks are required to work on the Ukrainian laws and does not require preferential

Written by admin on June 28th, 2009

After changing the methodology for calculating monetary positions in Ukraine, some banks with foreign capital have taken in this matter destructive position, requiring a preferential and special treatment. The statement was made chairman of the National Bank of Ukraine Volodymyr Stelmakh.

I do not accept such an approach, - stressed Vladimir Stelmakh.
All stakeholders should be equal. And to work on the Ukrainian laws. We are prepared to compromise on the timing or somewhere else, but completely renounce their intentions are not going - he said.

head of the NBU is convinced that if foreign capital was settled on long-term entry into the banking system of Ukraine, then in his own interest to maintain the stability not only of the system, but the Ukrainian economy, because of its sustainable development depends the ultimate effectiveness of the foreign investment.

holdings of dollars generated by our commercial bank accounts in foreign banks now account for about 4 billion if the banks are now sold 1,5-2 billion dollars, the question of course would not stand. To do this we changed the methodology for calculating monetary positions, - he explained.

This Stelmakh stressed that exclusivity calls, which is forced to confront today's banking system requires exceptional inherently decisions.

Not surprisingly, some of them (decisions - Ed.) strikingly discordant with the usual rules. However, accounting for reminding that some of the usual rules ultimately led to the upheavals that are already experiencing more than one year world economy , - said the head of the National Bank.

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