The National Bank of Ukraine has updated the list of banks that can participate in the currency interventions of the regulator in the form of requesting the best rate in the second quarter of 2018. Bank Credit Dnipro has kept its place among 20 Ukrainian financial institutions that have shown the best overall rating among banks participating in the interbank market. The rating is calculated on the basis of indicators determined by three transparent criteria:
- the volume of the bank's operations for the purchase and sale of foreign currency by other market participants and the National Bank (the share of this indicator in calculating the overall rating is 50%);
- the volume of bank operations with customers for the purchase and sale of non-cash foreign currency (specific weight - 30%);
- the volume of the bank's assets (specific weight - 20%).
"Currency transactions are one of the Bank's priorities in working with corporate clients," said Oleg Kurinniy, Treasury Director of Bank Credit Dnipro. - Our clients enjoy a number of important competitive advantages: for example, the direct dealing service allows you to receive the best rates directly during the trading session, and the currency consulting service gives you the opportunity to receive expert advice from bank experts on-line. The recent expansion of the bank's ability to conduct foreign exchange operations on the interbank market will allow the financial institutions to manage their currency liquidity more effectively, increase the activity and liquidity of the interbank market, strengthen its ability to level the exchange rate volatility, and positively influence the investment sentiments of domestic and foreign investors. "
In the first quarter of 2018, the National Bank bought interbank foreign exchange through interventions by requesting the best rate of $ 669 million, and sold $ 333 million.