This tool will serve as an additional guarantee for maintaining sufficient liquidity in the banking system if the sentiment of financial market participants deteriorates due to the spread of the coronavirus infection. The NBU also expects that banks will be able to use this refinancing tool to support the economy through lending more actively to projects that require long-term investment, such as infrastructure projects.
This will help restore business activity and reduce unemployment. Thank you for your attention! 4/4  BIS central bankers' speeches