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NBU could permanently ban the early withdrawal of term deposits

NBU could permanently ban the early withdrawal of term deposits

26 August 2009

The National Bank of Ukraine is planning to introduce a permanent ban on the early withdrawal of bank term deposits, according to a draft regulation posted on the NBU’s website. Mykyta Mykhaylychenko: This news might further eat into confidence in the banking system and therefore might hinder further recovery by Ukrainian banks.

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