On Tuesday, the Verkhovna Rada adopted Bill 7137-d, which proposes to extend the powers of the National Bank of Ukraine (NBU) for the duration of martial law in the country.

According to Prime Minister of Ukraine Denys Shmyhal, 340 deputies voted for the bill, with the required 226 votes.

The bill proposes to allow the NBU to purchase securities from issuers during martial law.

In addition, the document provides for the NBU to pay profits for 2021 in the first quarter of 2022, and proposes to stop the right of banks to issue blank loans.

As reported by the European Business Association with reference to the decision of the relevant committee on Monday, the document proposes for the period of martial law and "plus" four months after its cancellation to cancel the regulator's obligation to classify banks on the basis if a financial institution has violated the minimum for 30 calendar days in a row the value of the regulatory capital adequacy ratio or at least one of the liquidity ratios is below the minimum.

At the same time, the deputies in the bill propose to allow the confiscation of property not only of state-owned companies of the Russian Federation, but also of all citizens and companies of the Russian Federation