War, lack of staff main risks for banking system - NBU

The war remains the key risk for the banking system, but the lack of qualified personnel has become another additional risk.

First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova said this during the presentation of the Financial Stability Report, according to an Ukrinform correspondent.

"The war remains the key risk for banks. Another additional risk that banks mention is the lack of staff. However, this is a problem not only for the banking sector but also for the economy as a whole," Rozhkova said.

She noted that international support remains, which allows for macroeconomic stability to be maintained. The G7 countries have reached an agreement in principle to provide Ukraine with a financial assistance package worth about $50 billion at the expense of the proceeds from immobilized Russian sovereign assets. This is a factor that reduces the risk of uncertainty in budget financing.

Rozhkova added that despite everything, banks remain financially stable and continue to increase their resource base and lending volumes.