On Apr. 26, UKRN CB updated bank capital structure requirements.
UKRN CB updated capital structure requirements to comply with European laws and banks conducted initial test calculations of capital according to updated structure.
Follows, Dec. 29, 2024. UKRN CB regulations for bank capital structure, #196859.
Summary
UKRN CB held a meeting with banking representatives to discuss issues arising from the initial test calculations conducted by banks according to updated structures.
UKRN CB provided explanations and consultations on various topics including inclusion of subordinated debt and profits, adjustment of profit, capital coverage for investments, self-assessment of capital instruments, and statistical reporting.
The outcome of the test calculations will shape the Ukrainian Central Bank's decisions on implementing new requirements, potentially including transitional provisions.
Reforms in banking sector prioritize supporting domestic economy's credit needs.
In addition, UKRN CB approved changes to regulatory acts, effective Jun. 1, 2024, including: continuing mitigating factor until end of 2025 for risk-weighted debt securities of Ukrainian central executive authorities issued in foreign currency.
In addition, expanding banks' financing options for leasing companies within banking groups to boost financial leasing market as well as economy's recovery.
