The deadline for repaying loans issued to support liquidity under financial recovery programs and loans issued to support banks' liquidity has been prolonged until June 10, 2020, according to National Bank of Ukraine (NBU) resolution No. 363 dated June 9, 2015, on the altered conditions of the use of loans designed to support banks' liquidity and repo operations.

"Principal debt on such loans should be repaid in equal parts between the second and fifth year with a frequency of at least once a month with the annual return of at least of 25% of the principal debt," reads the resolution which was posted on the NBU's website.

The resolution is to become effective on June 11, 2015.

According to the resolution, a schedule of the repayment of interest charged for the use of a loan should be drawn up by a bank, which has been included in the group of problem banks. The schedule should include the loan repayment deadline. All the banks should pay interest on a monthly basis.

An interest rate should be set at the level of current rates under each loan agreement as of June 9, 2015, the resolution said.