The banking sector of Ukraine observes all recommendations of the International Monetary Fund, President Viktor Yushchenko declares.

“The banking system supports all criteria, provided by the IMF in the memorandum,” the President said during the meeting with G-7 ambassadors and representatives of IMF and World Bank on Thursday in Kyiv.

Yushchenko noted that the banking system of Ukraine is quite liquid and reminded and the order of bank capitalizations had been adopted and inspections of the majority of banks had been carried out.

According to Yushchenko, the problems the banking system is facing are “the problems of political and psychological character mainly.”


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