Deputy Chairman of the National Bank of Ukraine Valery Prokhorenko believes that currently there is stabilization of the macroeconomic situation in Ukraine.

"The macroeconomic situation has been stabilized. The basis for ensuring high and sustainable rates of economic growth in the future is being developed now," he said in the interview with The Banker magazine.

The expert noted that the joint efforts of the NBU and the Cabinet eliminated the major negative effects of financial and economic crisis of 2008-2010, including the banking system crisis.

"The stable growth of key performance indicators of the Ukrainian banks testifies to the correctness of the measures taken by the National Bank. Indeed, since 2011, the banking system of Ukraine has been showing positive trends in its development. In particular, in the first half of 2012, the overall performance of the Ukrainian banks increased by several percentage points compared with the last year," Prokhorenko said.
According to him, the banks continue refunding stabilization loans: this year, 3.2 billion UAH loan was refunded, 1.3 billion UAH were paid ahead-of-schedule.

"At the same time, the National Bank of Ukraine is closely monitoring the world economic situation, studying the experience of individual countries on counteracting the crisis phenomena," the representative of the bank assured.

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