NBU Board adopted a resolution, which limited the value of foreign borrowing by banks .
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Borrowings for short set at the maximum yield 9% per annum from year to three years - 10 % over three years - 11 % , writes Kommersant- Ukraine . The same limitations in force until October 27, 2008 , but a year ago, the NBU canceled them because of " deteriorating situation on international markets" to allow banks to fulfill their previous commitments to negotiate syndicated and subordinated loans under any conditions. Now there are only limit could borrow up to a year - they should not be 11% more expensive . In NBU assure that the action taken to reduce the cost of such loans. "We have treated several banks that creditors on restructuring determines the price of a loan of 12-18% per annum, which is very expensive - the official said NBU .- With this ruling , any bank will be able to appeal and ask lower the rate of the loan . "
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