The National Bank of Ukraine (NBU) has obliged Ukrainian banks by January 1, 2012 to bring their regulatory capital to a level of at least Hr 120 million.
A corresponding decision was stipulated in NBU resolution No. 273, which was registered in the Justice Ministry on July 6. The resolution comes into effect on July 19.
According to the document, the text of which has been sent to Interfax-Ukraine, the NBU demanded that the banks bring their regulatory capital to a level not less than their statutory capital.
The resolution foresees that to be granted various licenses, the bank’s capital should be Hr 120-240 million.
The banks, the regulatory capital of which does not correspond to the new requirements, will have limits placed on the type of deposit operations they can perform with individuals.
