Central Banks of Ukraine and Poland signed Memorandum of Understanding

The national banks of Ukraine and Poland signed a joint Memorandum of Understanding during the war. It will facilitate the exchange of information and mutual support between the two central banks.

Source: Chairman of the National Bank of Ukraine Kyrylo Shevchenko

On April 11, the National Bank of Ukraine and the National Bank of Poland signed a Memorandum of Understanding to strengthen cooperation in the context of Russia’s military aggression against Ukraine. This basis for expanding cooperation will facilitate the exchange of information and mutual support between the two institutions, as well as the establishment of closer ties in the financial and banking spheres between the two countries.
“Partnership and close cooperation between our institutions have been tested not only by time but also by war. I am sincerely grateful to you and your team for the huge contribution to the financial defense of our country that you have made since the beginning of the aggressor’s invasion of Ukraine. One of the indisputable proofs of this is the decision of the National Bank of Poland to open a USD 1 billion FX swap line, “- said NBU Chairman Kyrylo Shevchenko to the Chairman of the National Bank of Poland Adam Glapinski, as they signed the document.
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