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Ministry of Justice of Ukraine

April 3, 2013

No. 543/23075

RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of March 18, 2013 No. 95

About approval of the Regulations on liquidity support by the National Bank of Ukraine of Fund of guaranteeing household deposits

(as amended on 26-04-2022)

According to Articles 6, 42 Laws of Ukraine "About the National Bank of Ukraine", Articles 19, 20, 25 Laws of Ukraine "About system of guaranteeing household deposits", for the purpose of ensuring depositor protection of the Board of the National Bank of Ukraine DECIDES: banks

1. Approve Regulations on liquidity support by the National Bank of Ukraine of Fund of guaranteeing household deposits which are applied.

3. To general department of monetary policy (Scherbakova O. A.) after state registration in the Ministry of Justice of Ukraine to bring contents of this resolution to the attention of Department on management of currency reserve and implementation of transactions in the public market, Operation management of the National Bank of Ukraine, the Central clearing house, Fund of guaranteeing household deposits for use in work.

4. The resolution becomes effective from the date of its official publication.

5. To impose control over the implementation of this resolution on the First Deputy Chairman of the National Bank of Ukraine Prikhodko B. V.

Chairman

I. V. Sorkin

Approved by the Resolution of Board of the National Bank of Ukraine of March 18, 2013 No. 95

Regulations on liquidity support by the National Bank of Ukraine of Fund of guaranteeing household deposits

1. General provisions

1.1. This Provision is developed according to Articles 6, 42 Laws of Ukraine "About the National Bank of Ukraine", Articles 9, of 12, of 19, of 22, of 23, 25 Laws of Ukraine "About system of guaranteeing household deposits", for the purpose of ensuring depositor protection of banks and determines conditions and procedure for loan granting and the redemption of government bonds of Ukraine in Fund of guaranteeing household deposits (further - Fund) the National Bank of Ukraine (further - National Bank) for covering of temporary deficit of fund on the payments determined by Items 1, certain 4 parts 2 of article 20 of the Law of Ukraine "About system of guaranteeing household deposits".

1.2. Terms which are used in this Provision are applied in the values determined by the legislation of Ukraine, including regulatory legal acts of National Bank.

1.3. The National Bank performs liquidity support of Fund by loan granting, including by opening of credit line and/or the redemption of government bonds of Ukraine.

1.4. The National Bank grants the loan to Fund in national currency of Ukraine for up to one year.

The National Bank has power of decision about prolongation of term of use of the credit. Aggregate term of use of the credit taking into account all prolongation of term of use of it cannot exceed five years.

1.5. The loan amount and/or amount of the redemption of government bonds of Ukraine cannot exceed forecast requirements of Fund on payments, stipulated in Item 1.1 this provision, taking into account future receipts in Fund and the available money on current and other accounts of Fund in National Bank.

1.6. The National Bank grants to Fund the loan on the security:

government bonds of Ukraine, except bonds of external state loans of Ukraine which repayment period comes not earlier than loan repayment period or its corresponding part provided that government bonds of Ukraine are in property of Fund and are not encumbered with any other obligations. The loan amount does not exceed amount of government bonds of Ukraine taking into account percent in three months of use of the credit. The amount of government bonds of Ukraine is calculated, proceeding from their fair value which procedure for determination is established by National Bank;

property rights behind future revenues to the current account of Fund in National Bank, including from payment of regular and special collection in the amount of 80 percent from the pledge amount taking into account percent in three months of use of the credit.

The National Bank has power of decision about capture on security of accomplishment of obligations on the credit of Fund of the uniform or mixed pledge.

The paragraph the fifth is excluded according to the Resolution of Board of the National Bank of Ukraine of 09.04.2015 No. 229

1.7. The size of loan interest rate of Fund is established at the level of discount rate of National Bank in case of loan granting, including by opening of the credit line / change of conditions of the credit agreement regarding prolongation of term of use of the credit, and during action of the credit agreement is subject to adjustment in case of change of discount rate of National Bank.

The basic number of days for charge of percent on the credit of Fund is the actual number of days in year.

1.8. The National Bank performs the redemption of government bonds of Ukraine in Fund for the price which is not exceeding them fair value.

1.9. The decision on provision or refusal in provision of the credit by National Bank change of conditions of the credit agreement and/or about the redemption or refusal in the redemption of government bonds of Ukraine to Fund accepts Board of National Bank taking into account possible influence of the corresponding transaction on capability of National Bank to achieve the monetary policy objectives.

In case of decision making about provision of the credit by National Bank the credit amount, use term, the size of interest rate, information on pledge and so forth are specified to Fund in the relevant decision of Board of National Bank.

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