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The Ukrainian representative of the National Bank has indebted banks by more than 130 billion hryvnias

The National Bank of Ukraine (NBU) has indebted banks 137 billion hryvnias due to the effects of the COVID-19 pandemic. This was reported by the Ukrainian Banking Association.

According to NBU representatives, this debt occurred due to the overall decline in loan demand and restrictions on bank activities during the quarantine in the country. However, measures are planned to return these amounts to the banking sector of Ukraine.

'We can consider this debt a temporary phenomenon that will be gradually delineated and the other banking sector will return this money,' said Maria Vadymivna.