War, Lack Of Staff Main Risks For Banking System - NBU
Date
6/19/2024 9:17:48 PM
(MENAFN- UkrinForm) The war remains the key risk for the banking system, but the lack of qualified personnel has become another additional risk.
First Deputy Governor of the National bank of Ukraine (NBU) Kateryna Rozhkova said this during the presentation of the financial Stability Report, according to an Ukrinform correspondent.
"The war remains the key risk for banks. Another additional risk that banks mention is the lack of staff. However, this is a problem not only for the banking sector but also for the Economy as a whole," Rozhkova said.
Read also: NBU expects international aid to reach $25B next yea
She noted that international support remains, which allows for macroeconomic stability to be maintained. The G7 countries have reached an agreement in principle to provide Ukraine with a financial assistance package worth about $50 billion at the expense of the proceeds from immobilized Russian sovereign assets. This is a factor that reduces the risk of uncertainty in budget financing.
Rozhkova added that despite everything, banks remain financially stable and continue to increase their resource base and lending volumes.
MENAFN19062024000193011044ID1108351426
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.