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Expert: Ukraine's banks still sound

KIEV, December 06, 15:22 /ITAR-TASS/. Executive Director of the Independent Association of Ukrainian Banks Sergey Mamedov said Ukrainian people had no reason to worry over the soundness of their bank deposits.

Recent speculators’ attempts “to shake the national currency” had failed, he said. Most Ukrainians reacted to developments in a calm way and were in no hurry to take their deposits from banks, Mamedov told journalists on Friday.

“Banks have no difficulties at the moment and enough liquidity,” he said. “The National Bank of Ukraine (NBU) is quite competent in this regard.”

Mamedov noted that the NBU was working in a co-ordinated way with other banks. This interaction, he said, might effectively confront any potential risks.