Ukraine to become regional financial hub in five years, NBU governor believes.

Newly-appointed Governor of the National Bank of Ukraine Kyrylo Shevchenko believes that Ukraine can become a regional financial hub in five years.

"The National Bank will continue to pursue its policy of cooperation with international financial organizations and investors. I believe that in five years Ukraine can become a regional financial hub, which investors from all over the world will seek to invest long-term funds in," Shevchenko said after President of Ukraine Volodymyr Zelensky introduced him to NBU’s staff, an Ukrinform correspondent reports.

According to him, the National Bank will continue to support the implementation of the main strategies of state-owned banks. To date, the corporate governance reform of state-owned banks is one of the most successful in the country. It is thanks to this reform that state-owned banks have become the most efficient institutions in the public sector.

"The main thing for the National Bank of Ukraine is to ensure macroeconomic stability and consistency of the financial sector," Shevchenko stressed.

On July 16, 2020, the Verkhovna Rada of Ukraine appointed Kyrylo Shevchenko to the position of the Governor of the National Bank of Ukraine on the proposal of the President of Ukraine Volodymyr Zelensky. Shevchenko became the eleventh governor of the National Bank in the history of independent Ukraine.


Related news

Ivano-Frankivsk region needs additional UAH 350M to overcome effects of floods – governor.

Ivano-Frankivsk region needs an additional UAH 350 million to restore facilities affected by the June floods.

Finance ministry to cut Ukraine's budget deficit from 2022.

The minister says the 2021 national budget draft is realistic and balanced.

MHP paid UAH 1.59B of taxes in H1 2020

In the first half of 2020, enterprises of Ukraine’s agro-industrial holding company Myronivsky Hliboproduct (MHP) transferred UAH 1.59 billion of tax payments to the budgets of all levels, according to the company’s press service.

Ukraine’s underground gas reserves exceed 27 bcm – Naftogaz.

More than 27 billion cubic meters of gas has already been accumulated in the Ukrainian underground gas storage facilities, the press service of NJSC Naftogaz of Ukraine reports.

Ukrtransnafta permitted to create licensed warehouse for providing crude oil storage services.

permitted to create licensed warehouse for providing crude oil storage services


NBU sold $71M on interbank market last week

The National Bank of Ukraine (NBU) sold $71 million on the interbank foreign exchange market over the past week, according to data provided by the central bank.

Ukrainian gas stocks grow by 2 % to over 27 bcm over week.

USFs were filled by 87% as of September 19, 2020.

Ukraine's public debt will reach 68% of GDP at year-end - Marchenko.

Ukraine's public debt will amount to 68% of GDP at the end of 2020, Ukrainian Finance Minister Serhiy Marchenko has said in an interview with Radio Free Europe/Radio Liberty.

Electrotyazhmash completes contract with Poland's Almides to fix over 300 drive electric motors.

The state-owned enterprise Electrotyazhmash Plant (Kharkiv) has shipped a batch of fixed DC drive electric motors for diesel locomotives to the Polish company Almides Sp.z o.o. under a contract signed in 2018.

Ukraine, Turkey agreed to create joint programs in space industry.

Ukraine and Turkey have agreed to deepen cooperation to create joint programs in the space industry.

3 1

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies