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The NBU transferred to the state budget last tranche of the profit for the year 2016 in the amount of UAH 4.4 bn

The national Bank of Ukraine (NBU) on Thursday transferred to the state budget of the eighth tranche of the profit for the year 2016 in the amount of UAH 4.4 bn, reported on the website of the Central Bank.

Thus, the national Bank transferred all approved by the Board of the NBU the amount noted in the message.

As reported, the state budget for 2017 suggests that the national Bank will transfer this year, at least 45 billion. At the same time, the NBU Council during the next meeting on 15 April approved the distribution of 59.45 billion UAH of profit of the national Bank for 2016, including a direction to the state budget 44 billion 378,83 million UAH, and on the formation of General reserves of its own capital – 15 billion 71,74 million.

The first tranche of funds in the amount of UAH 10 billion, the NBU transferred on 21 April, the second, third and fourth and fifth in the amount of UAH 5 bn – 10 may, 8 June, 7 July, 7 August, 6 October and 7 November . After listing the may tranche, the NBU agreed with the Ministry of Finance a schedule of enumeration to the end of the year the rest of the profit for the year 2016. According to the schedule, the specified amount is divided into monthly tranches in order to mitigate changes in the volume of governmental funds to the liquidity of the banking system and to achieve the inflation target of the NBU.

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