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The document ceased to be valid since  December 31, 2014 according to Item 10 of the Resolution of Board of the National Bank of Ukraine of  December 18, 2014 No. 820

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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of September 19, 2013 No. 371

About some questions of regulation of the monetary market

(Extraction)

(as amended on 08-08-2014)

According to Articles 15, 25 and 26 Laws of Ukraine "About the National Bank of Ukraine", article 66 of the Law of Ukraine "About banks and banking activity" and for the purpose of enhancement and increase in efficiency of use of mechanisms of regulation of the monetary market according to Items 1.8 - 1.12 Chapters 1 of the Regulations on procedure for forming and the storage of required reserves for banks of Ukraine and branches of foreign banks in Ukraine approved by the resolution of Board of the National Bank of Ukraine of March 16, 2006 No. 91, registered in the Ministry of Justice of Ukraine on March 23, 2006 for No. 312/12186 (with changes), and also for systematization of regulatory legal acts of the National Bank of Ukraine concerning forming and storage of required reserves the Board of the National Bank of Ukraine DECIDES:

1. Establish the following standard rates of obligatory reservation for forming of required reserves by banks:

means of deposits (deposits) of legal entities and physical persons in national currency on demand and means on current accounts - 0;

means of deposits (deposits) of legal entities in foreign currency on demand and means on current accounts - 10;

means of deposits (deposits) of physical persons in foreign currency on demand and means on current accounts - 15;

urgent means and deposits (deposits) of legal entities and physical persons in national currency - 0;

short-term means and deposits (deposits) of legal entities and physical persons in foreign currency - 10;

long-term means and deposits (deposits) of legal entities and physical persons in foreign currency - 7;

the funds raised by banks from nonresident banks, the international and other nonresident organizations in national currency - 0;

the funds raised by banks from nonresident banks, the international and other nonresident organizations in foreign currency - 5.

2. Determine that banks of Ukraine reserve and store means of required reserves on correspondent account of bank in the National Bank of Ukraine.

3. Determine the accounting period of reservation calendar month during which banks reserve means of required reserves.

4. Determine that the funds raised by banks which are considered on such accounts of financial accounting are subject to obligatory reservation in the amount of the established standard rates of obligatory reservation:

1600 (passive balance) minus 1500 (active balance) - (passive balance), 1602 minus 1502 - (passive balance), 1610 minus 1510 - (passive balance), (1612 plus 1615/1 minus 1616/1) minus (1512 plus 1515/1 minus 1516/1) - (passive balance), (1613 plus 1615/2 minus 1616/2) minus (1513 plus 1515/2 minus 1516/2) - (passive balance), 1617 minus 1517 - (passive balance), (1621 * plus 1622 *) minus (1521 * plus 1522 *) - (passive balance), (1623 * plus 1625/1 * minus 1626/1 *) minus (1523 * plus 1525/1 * minus 1526/1 *) - (passive balance), (1624 * plus 1625/2 * minus 1626/2 *) minus (1524 * plus 1525/2 * minus 1526/2 *) - (passive balance), 1627 * minus 1527 * - (passive balance), 1919 minus 1819 - (passive balance), 2512, 2513, 2520, 2523, 2525, 2526, 2530, 2531, 2541, 2542, 2544, 2545, 2546, 2552, 2553, 2554, 2555, 2560, 2561, 2562, 2565, 2570, 2571, 2572, 2600 (passive remaining balance), 2601, 2602, 2603, 2604, 2605 (passive remaining balance), 2606, 2610 plus 2611 plus 2617/1 minus 2616/1 - (passive balance), 2615 plus 2617/2 minus 2616/2 - (passive balance), 2620 (passive remaining balance), 2622, 2625 (passive remaining balance), 2630 plus 2637/1 minus 2636/1 - (passive balance), 2635 plus 2637/2 minus 2636/2 - (passive balance), 2640, 2641, 2642, 2643, 2644, 2650 (passive remaining balance), 2651 pluses 2653/1 minuses 2656/1 - (passive balance), 2652 plus 2653/2 minus 2656/2 - (passive balance), 2655 (passive remaining balance), 2700 ** plus 2707/1 ** minus 2706/1 ** - (passive balance), 2701 ** plus 2707/2 ** minus 2706/2 ** - (passive balance), 2700 *** plus 2707/1 *** minus 2706/1 *** - (passive balance), 2701 *** plus 2707/2 *** minus 2706/2 *** - (passive balance), (2900 plus 2901 plus 2902 plus 2909) minus (2800 plus 2801 plus 2809) - (passive balance), 2903, 2920 (passive balance), 2924 (passive balance), 3300 plus 3301 plus 3305 plus 3307 minus 3306 - (passive balance), 3310 plus 3311 plus 3315 plus 3317 minus 3316 - (passive balance), 3320 plus 3327 minus 3326 - (passive balance), 3330 plus 3337 minus 3336 - (passive balance), 3340 plus 3347 minus 3346 - (passive balance), 3631, 3705 (passive balance), 3720 minus 3710 - (passive balance), 3739 (passive balance).

Calculation of borrowings and obligations of bank for groups of balance sheet accounts 151, of 152, of 161, of 162, of 261, of 263, 265 and 270 is performed taking into account accounting of unamortized discount (award) by analytical accounts separately on short-term (1) and long-term (2) to means.

Calculation of borrowings and obligations of bank for groups of balance sheet accounts 151, 161 is performed by analytical accounts separately on the funds raised from resident banks and the funds raised from nonresident banks.

Calculation of borrowings and obligations of bank for groups of balance sheet accounts 152, 162 is performed by analytical accounts separately on the funds raised from nonresident banks (*).

Calculation of obligations of bank for group of balance sheet accounts 270 is perfromed by analytical accounts separately on the funds raised from the international and other resident organizations (**) and the funds raised from the international and other nonresident organizations (***).

5. The amount of required reserves which shall be stored daily for the beginning of operational day on correspondent account of bank in the National Bank of Ukraine shall make at least 40% of the amount of required reserves which are created for the previous accounting period of reservation.

6. Permit banks to enlist for covering of required reserves which shall be created and be stored on correspondent account in the National Bank of Ukraine:

the bonds of the internal state loans nominated in foreign currency acquired by them in the amount of 10% of their book value in hryvnia equivalent;

the long-term bonds of internal state loans acquired by them in national currency with circulation period (in accordance with the terms of primary release) over 3600 days in the amount of 100% of their book value;

remaining balance of means which is on bank accounts of 1500 "Correspondent accounts which are opened in other banks" and 1502 "Means of banks in the calculations" opened in PJSC SETTLEMENT CENTER ON SERVICING of AGREEMENTS IN the FINANCIAL MARKETS in the amount of 100%.

9. Recognize invalid:

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