The National Bank of Ukraine (NBU) plans to switch the banking sector from a survival strategy to a strengthening strategy in 2023, its head Andriy Pyshnyy said.
“The strategic priority is to start working today to move from a survival strategy to a strengthening strategy in 2023. Because of this, we will continue to work on development of the concept, which should assess the resilience of the financial sector, assess the quality of assets, give parameters for future stress testing and which should determine the horizons and volumes of future additional capitalization,” he said at a press briefing on Monday.
According to him, in this way it will be possible to ensure a working resilient financial system.
