We have introduced long-term refinancing for banks for a period of 1 to 5 years and an interest rate swap with banks, and made a currency swap deal with the EBRD so that it can provide hryvnia loans to Ukrainian companies.
We have thus created conditions in which businesses can access funding at affordable rates, not only for short-term needs, but also for large-scale business projects that require long-term investments. We have taken steps to ensure that financial stability does not become another source of problems for the economy. However, the power of central banks has its limits.