At the same time, we have simplified access to financing for banks: We have increased the frequency of tenders. We have extended the term of NBU loans to banks from 30 to 90 days. And we have already granted UAH 7 billion of these 3-month refinancing loans.
In order to ensure the highest levels of integrity and diligence, the Reserve Bank’s guidelines on CDR  8  BIS central bankers’ speeches  Mechanism have delegated the authority to evolve policies and guidelines on corporate debt restructuring to CDR Standing Forum, consisting of Chairman level representation from banks; and the authority to approve individual cases of corporate debt restructuring to CDR Empowered Group, consisting of ED level representation from banks.