Meetings and final meeting of the National Bank of Ukraine (NBU) will be conducted on an ongoing basis with the participation of the media. This was stated by chairman of the National Bank of Ukraine Sergey Arbuzov at a meeting of the National Bank on Tuesday, January 25. According to the regulator during the board meeting at which the first was attended by representatives of the media, S. Arbuzov introduced a new member of the board regulator, summed up for 2010 and outlined tasks for the current year and medium term. In particular, the following questions: - Results of the National Bank of Ukraine for 2010. - Assessment of the macroeconomic situation and prospects for 2011. - Ways to promote lending to the economy. - The main objectives of banking supervision at the present stage. - Status of the work and the main tasks for the organization of cash circulation and legal activities within the National Bank of Ukraine. During the board meeting NBU identified the following tasks: - To promote the reduction of inflation - to save predicted dynamics of the hryvnia exchange rate - Supports international reserves at a level sufficient to minimize the adverse exchange rate fluctuations, the hryvnia, - improvement of foreign exchange regulation, its simplification and increased efficiency - incentives banks to increase its capital - to improve the quality of bank assets - the restoration (in cooperation with the Government of Ukraine) a full and stable operation of banks, recapitalize the participation of the state, and OJSC CB Nadra - improvement of supervisory policies and procedures of supervision on a consolidated basis. Source: finance.liga.net
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