The National Bank of Ukraine (NBU) has legislated the usual regime of operation of the banking system for the period of martial law.
The respective decision is approved by NBU resolution No. 132 on the specifics of the functioning of the banking system of Ukraine under the circumstances of the special period dated November 28, 2018. The resolution took effect on November 29, 2018.
According to the document, the need, order, scope, and duration of the measures stipulated by the NBU regulations on the functioning of the banking system in the special period will be determined by particular decisions of the central bank.
As reported, Decree of President of Ukraine Petro Poroshenko No. 393/2018 “On the imposition of martial law in Ukraine” (dated November 26), which introduces martial law for 30 days – from 2:00 p.m. on November 26 to 2:00 p.m. on December 26, was published on November 28. On November 26, the Verkhovna Rada approved the introduction of martial law.
Martial law is introduced in the regions bordering Russia and Transdniestria: Vinnytsia, Luhansk, Mykolaiv, Sumy, Odesa, Kharkiv, Chernihiv and Kherson, Donetsk and Zaporizhia regions and inland waters of the Azov-Kerch water area.
