The collapse of the banking system - the assumptions to facts

The National Bank of Ukraine is unable to keep the hryvnia. The consequences of cooperation with the IMF and the implementation of public insurance programs deposits: the growth of official exchange rate and inflation. The National Bank does not support the official hryvnia exchange rate because of agreements with the IMF, because NBU reserve funds now exceed $ 27 billion, and nothing prevents their use, said the economist of the investment management company IncoForex. NAK Naftogaz has paid for Russian gas from the last tranche of the IMF, which could increase demand for foreign currency. On the depreciation of the hryvnia also directly affect the processes of nationalization of the banking crisis and losses other lending institutions, which significantly reduces the liquidity of the Ukrainian currency, the expert said. The fact that the torque is losing ground confirm the conclusions on the situation in the banking sector, which recently unveiled a National Bank under the headline indicators of the ten best credit institutions in the first half. Banks are in a critical situation. Total loss of credit institutions in the month of August amounted to more than 18 million hryvnia. The first drop is related to the depreciation of securities in the portfolios of most banks. Accordingly, a negative indicator formed from trading securities. Thus, despite the infusion of foreign currency in the domestic economy, experts advise not to jump to conclusions on improving the country's financial system. Rather, money tranches can serve as collateral for new loans have to bypass the public funds, which in turn has podhlestnet already formidable inflation.