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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of August 26, 2014 No. 529

About single questions of activities of banks

(as amended of the Resolution of Board of the National Bank of Ukraine of 25.09.2014 No. 607)

For the purpose of creation of conditions for ensuring stable activities of banks of Ukraine which list is given in appendix to this resolution, considering the circumstances caused by temporary occupation of the territory of the Autonomous Republic of Crimea and Sevastopol, introduction of extraordinary operating mode of bank system in the territory of the Donetsk and Luhansk regions and also growth after February 6, 2014 of the foreign exchange rate to national currency of Ukraine, being guided by Articles 6, of 7, 15 and 55 Laws of Ukraine "About the National Bank of Ukraine", Articles 66, 67 Laws of Ukraine "About banks and banking activity", the Board of the National Bank of Ukraine decides:

1. To general department of banking supervision (Shulga A. A.), to territorial administrations of the National Bank of Ukraine (except Head department of the National Bank of Ukraine across Kiev and Kiev region) during operation of this resolution to consider in case of determination of adequate corrective actions to bank indicators of activities of bank system, and also timeliness and completeness of accomplishment of the obligations to creditors and investors by it that is confirmed by lack of claims and account balances on accounting of documents to accounts which are not executed by bank in the time established by the legislation of Ukraine.

2. Not apply to banks of corrective actions on condition of observance of restrictions by them, stipulated in Item 3 these resolutions:

for violation of economic standard rates, limits of common (long/short) open foreign exchange position, it is connected with circumstances, the territories of the Autonomous Republic of Crimea and Sevastopol caused by temporary occupation, introduction of extraordinary operating mode of bank system in the territory of the Donetsk and Luhansk regions, and/or with growth after February 6, 2014 of the foreign exchange rate to national currency of Ukraine, including with reduction of the regulatory capital owing to forming of reserves on the active banking activities performed based on the agreements signed with partners who are located in the territory of the Autonomous Republic of Crimea and Sevastopol, the Donetsk and Luhansk regions, and also the agreements in foreign currency signed till February 6, 2014 except agreements to which after this date the changes on increase in terms of use of assets which are not connected with debt restructuring and/or increase in the amounts on such transactions were made and/or

for increase in share of negatively classified assets up to the size of 10 percent and more from the total amount of assets on which the risk shall be estimated and is created the reserve according to regulatory legal acts of the National Bank of Ukraine, is connected with circumstances, the territories of the Autonomous Republic of Crimea and Sevastopol caused by temporary occupation, introduction of extraordinary operating mode of bank system in the territory of the Donetsk and Luhansk regions, and also with growth after February 6, 2014 of the foreign exchange rate to national currency of Ukraine, and/or

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