RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of June 22, 2021 No. 58

About modification of some regulatory legal acts of the National Bank of Ukraine

According to Articles 7, of 15, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 44, 66 Laws of Ukraine "About banks and banking activity", for the purpose of enhancement of procedure for determination by banks of Ukraine of the extent of credit risk on active banking activities the Board of the National Bank of Ukraine DECIDES:

1. No. 351 "About approval of the Regulations on determination by banks of Ukraine of the extent of credit risk on active banking activities" (with changes) after Item 5-4 to add the resolution of Board of the National Bank of Ukraine of June 30, 2016 with two new Items 5-5, 5-6 of the following content:

"5-5. To banks of Ukraine:

1) till September 20, 2021 to develop/finish intra bank regulations on determination of the extent of credit risk on the specialized credit;

2) as of November 1, on December 1, 2021 to perfrom calculation of the extent of credit risk for the specialized credit in the test mode and till November 30, on December 30, 2021 respectively to inform the National Bank of Ukraine in the form of results of calculation established by it;

3) since December 31, 2021 to perfrom calculation of the extent of credit risk for the specialized loans granted after October 1, 2021 according to requirements of the Regulations on determination of the extent of credit risk for determination of the extent of credit risk for the specialized credit.

5-6. Banks have the right till December 31, 2022 (inclusive) when calculating the extent of credit risk:

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