Global Trade Alert
Global Trade Alert

Ukraine: Facilitated access of Ukrainian business to loans in foreign currency with the participation of export credit agencies

Announcement

22 Nov 2016

NBU Board Resolution No. 404 of 22 November 2016 "On Approval of Amendments to the Regulation on the Procedure of Obtainment by Residents of FX Credits/Loans from Nonresidents and Disbursement of FX Loans to Nonresidents" has the purpose to facilitate the access of the Ukrainian companies and a financial institutions to foreign currency-denominated loans.

 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

30 Nov 2016

Revocation date:

No revocation date

Updated: 22 Nov 2016
Controls on credit operations In force

National Bank of Ukraine (NBU) Board Resolution No. 404 affects international trade relationships which involve export credit loan agreements in which participate the following parties: (1) a non-r...

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