The BNU revised the procedure for recording reinvested bank revenues



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The National Bank of Ukraine ( NBU ) modified the procedure for recording bank revenue reinvested in foreign direct investment statistics ( FDI ) , revising the statistics on the external sector for 2017.

According to the website of the NBU the net income of banks with direct investment of operating activities, taking into account the share of foreign investors in equity, was transferred from article "reinvested earnings" corresponding article in the flap

Reinvested earnings do not include realized and unrealized holding gains or losses and deductions in the reserves.

According to NBU the revision did not have a significant impact on the stability indicators for 2017, rising from $ 2 billion to $ 2.4 billion, or 2 billion dollars. , 2% of the GDP with 1.9% of the GDP . The operation is reflected in the financial account, where the indicator FDI went from $ 2.4 billion to $ 2.8 billion, so that the Balance of payments balance of payments last year remained unchanged.

in collaboration with the State Statistics Service, to record the reinvested profits of the real sector companies and to integrate them in the statistics of the external sector.

In addition, NBU began providing the national statistics service with data on banking transactions. dl sector further reflected in global statistics concerning FDI .

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