Ukraine's Banks: Will they Weather the Crisis?

The economic crisis has led to political action in Ukraine in order to prevent a major crisis. There hasa already been one victimProminvestbanka , which was taken over by the National Bank of Ukraine. 
Let’s remind, on October, 7th NBU has entered an acting administration in PIB, has discharged its management and has entered the semi-annual moratorium on satisfaction of requests of creditors. The reason of introduction of administration was reyderskaya attack on PIB after which investors began to remove in large quantities deposits, and NBU has opened to it the demand line of credit on 5 mlrd grn from which, according to ‘, 4 mlrd grn it is already transferred. Vladimir Krotjuk has attended to return of credits.

The National Bank of Ukraine says its prepared for any problems that may arise. 
Petro Poroshenko has confirmed, that the Ukrainian banks have no problems with liquidity. He has noticed, that separate banks have certain ruptures in financing that is connected with necessity to return foreign loans. In this connection NBU assumes certain difficulties and it is ready to grant such banks the help. 

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