RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of January 16, 2017 No. 5

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, taking into account calculation analysis results banks of the extent of credit risk in the test mode according to requirements of the Regulations on determination by banks of Ukraine of the extent of the credit risk for active banking activities approved by the resolution of Board of the National Bank of Ukraine of June 30, 2016 No. 351, Board of the National Bank of Ukraine decide:

1. Bring in the resolution of Board of the National Bank of Ukraine of June 30, 2016 No. 351 "About approval of the Regulations on determination by banks of Ukraine of the extent of credit risk on active banking activities" the following changes:

Item 5 to state 1) in the following edition:

"5. To allow banks of Ukraine in case of application of the Regulations on determination of the extent of credit risk till January 1, 2019:

1) when calculating the extent of credit risk for the credit under the investment project independently to choose procedure for determination of value of coefficient of probability of default of the debtor legal entity from provided by Sections IV and IV-1Polozheniya on determination of the extent of credit risk;

2) when calculating the extent of credit risk not to apply regulations of the subitem 3 of Item 107 of the Section X of the Regulations on determination of the extent of credit risk;

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