Business news from Ukraine

NATIONAL BANK OF UKRAINE SEES 8% DECREASE IN ASSETS IN H1, 2018

20 July , 2018  

The assets of the National Bank of Ukraine (NBU) as of July 1, 2018, amounted to UAH 942.724 billion, which was 8.2% less than at the beginning of the year.
Such financial indicators were published by the central bank in the parliamentary edition Holos Ukrayiny (the Voice of Ukraine) on Friday, July 20.
The amount of non-resident securities, which are part of the NBU’s assets, shrank most noticeably: by 10.1%, to UAH 372.725 billion, while holdings and special drawing rights (SDR) decreased by about 61%, to UAH 23.807 billion.
At the same time, the amount of funds and deposits in foreign currency and banking metals almost doubled, to UAH 49.806 billion.
In the structure of the NBU’s liabilities, the amount of obligations to transfer profits to the budget, fell by 85.2%, to UAH 6.614 billion, the amount of assets of government and other institutions fell by over 54.7%, to UAH 25.135 billion, while the liabilities of the National Bank before the International Monetary Fund shrank by 12.4%, to UAH 180.660 billion.

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