OREANDA-NEWS. October 07, 2008, The deposit guarantee fund should be significantly increased as soon as possible to stabilize the situation on the currency market, Chairman of the Council of the National Bank of Ukraine Petro Poroshenko told ICTV Channel.

"We are ready to significantly increase the sum of the deposit guarantee fund," he said.

Poroshenko noted that support had already been received from the NBU head and the government. "I am confident the parliament will back this initiative as well," he said, adding that the funds will be used at the expense of the bank's incomes.

According to Poroshenko, there are currently no grounds for individual persons to close their deposit accounts at Ukrainian banks.

The total amount of funds accumulated by the deposit guarantee fund reached UAH 1.689 billion by October 1. The number of banks participating in the fund was 177 and two banks were temporary participants in the fund by October 1.