On 30 October 2015 the Financial Security Council chaired by the Chairwoman of the National Bank of Ukraine (NBU) Valeriya Gontareva proposed the public banking sector to reconsider its business models and strategic aims at the meeting. At the session the council members unanimously admitted the necessity of significant changes in standards of corporate management of state banks, RBC-Ukraine (РБК-Украина) reports.
According to the press-service, the council members noted that cooperation with International Monetary Fund (IMF) and fulfillment of terms of memorandum on cooperation with the Fund are the necessary conditions for financial stability of Ukraine. “All parties, responsible for fulfilling cooperation program with IMF, must make efforts that Ukraine receives the third tranche of EFF loan. Return to cooperation with IMF will allow to ensure recovery of NBU reserves”, as it is said in the statement.
In addition, the participants of the meeting emphasized the stabilization of macroeconomic situation, in particular gradual renewal of production, inflation slowdown, improvement of indicators of balance of payments and stabilization of banking sector.
