Chairperson of the Committee on Financial Policy and Banking Serhii Rybalka met with delegation of the International Monetary Fund and representatives of the World Bank
21 January 2015, 17:04
At the meeting, S.Rybalka claimed "the stand of majority of the Committee members and MPs is that preferential restructuring of foreign currency loans shall concern, first of all, those people who gave their only accommodation as a pledge". "We are interested in conducting such restructuring as soon as possible in order to ease the social tension", claimed S.Rybalka.
Representatives of the International Monetary Fund stated that these should only concern the most vulnerable categories of citizens.
In his turn, S.Rybalka said that it is necessary to give people some mechanisms to simplify loan repayment.
Participants of the meeting discussed main steps of Ukrainian authorities towards stabilizing the banking system, particularly, prospects of recapitalization, restructuring, and liquidation of banks. They also agreed on intensifying consultations of the Committee and IMF experts.
During the meeting with the World Bank representatives, S.Rybalka said the Committee members are interested in activating consultations with experts of international financial organizations for using better international experience in the process of stabilizing and reforming the financial system of Ukraine.
Main topics for discussion were prospects of stabilizing banking system of Ukraine and possible risks.
Participants of the meeting also discussed peculiarities of working with system banks, legislative regulation of a problem of term deposits and a suggested new mechanism for Ukraine - institute of private enforcement agents of non-performing loans.