The bill (Reg. No. 2400) was elaborated in order to create conditions to further increase credit supply of commercial banks in national currency; to cheapen credit supply and make it accessible; and to establish conditions, under which population would more actively use their income for consumption of goods and services of domestic commodity producers.
Particularly, it is suggested exclude the provision allowing commercial banks attract deposits in foreign currency.
People’s deputies believe that introduction of a provision regarding attraction of deposits only in national currency shall result in the decrease of banks’ resource base and can also reduce banks’ liquidity, shadow exchange market, increase distrust of bank system and can negatively affect the stability of financial system in entirety.