The National Bank has created a new page titled Mandatory Reserves on its official website. This page is located in the section Financial Markets. Money Market. Liquidity Analysis.
This was reported on the NBU website.
The new section contains detailed information about mandatory reserves, including definitions and purposes of mandatory reserves, explanations of key terms related to mandatory reserves, current norms of mandatory reserve requirements, and their history of changes.
In addition, there are infographics that display the dynamics of the volume of mandatory reserves in established norms, and other auxiliary data.
Reference. Mandatory reserves are a monetary policy tool of the National Bank. They determine what percentage of attracted deposits and bank liabilities should be reserved. This allows the regulator to control the liquidity of banks, balance sheet structures, and currency operations.
Background. Mind previously reported that the NBU had updated the procedure for implementing sanctions by banks and non-bank institutions.