: :inin Kyiv (EET)

$1.1 bln in monetary investment injected in Ukraine in 2016 – National Bank of Ukraine

The National Bank of Ukraine (NBU) estimates inflows of foreign investment into Ukraine in 2016 at US$3.4 billion, including $1.1 billion in monetary investment, according to NBU Deputy Governor Dmytro Solohub.

”The lion`s share of $3.4 billion in last year`s foreign investment, i.e. $2.3 billion, is actually related to accounting transactions by foreign banks to convert their loans from parent banks into capital,” Solohub told UNIAN.

Monetary investment in Ukraine last year is estimated at $1.1 billion, he said.

Solohub also said that a difference in investment estimates by the NBU and the State Statistics Service is due to different sources.

”Not even the methods used but sources of data that differ. The National Bank gets investment statistics from banks, while the State Statistics Service uses companies` questionnaires,” he said.

Earlier, Ukraine`s State Statistics Service published a report saying that $4.4 billion in foreign direct investment was injected in Ukraine`s economy in 2016, which was 17.1% up from $3.764 billion in 2015.

At the same time, the State Statistics Service has not provided information about the total sum of equity capital, new investment, disinvestment, and respective reassessment. It said it would publish an update on March 30.


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