The National Bank of Ukraine will back the Ukrainian banks having substantial foreign loan commitments through refinancing.

Petro Poroshenko, NBU Council Head, announced this to reporters.

He said in the fourth quarter UAH 5 billion would be paid on foreign commitments of legal entities-residents including UAH 1.5 billion of bank disbursements and UAH 3.5 billion of other market players.

"There is no risk for the financial system", Poroshenko stressed.

He is sure the National Bank will bolster the financial institutions with the so-called gaps (delayed receipts of funds versus payments) related to commitment payments.

Poroshenko considers at least 1 or 2 banks.

As Ukrainian News reported, the National Bank of Ukraine directed UAH 5 billion to bolster Prominvestbank's liquidity.

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