OREANDA-NEWS. December 21, 2009. “I still do not see and in the foreseeable future, probably no one will show me alternative to bicurrency system. We established it historically: the dollar is almost in free circulation with the hryvnia. Gradually we are getting used to the euro but roughly speaking, in circulation there is one currency fixed, the other – Ukrainian hryvnia. Moreover, there is almost half-and-half ratio between them. The same in cash and in the banking system – both in assets and in liabilities” – the banker said, reported the press-centre of Ukrsotsbank.

The banker noted that in the near time banks will not have other long resource than that received through borrowing from abroad.

“In bicurrency system we should seek compromises. For the moment they have implemented restrictions, prohibited to grant loans in foreign currency to individuals. But I see no other long resource, besides that we get from abroad for the next 10—20 years. I do not know what should happen in a country to get a serious source of volume and a long stable resource”, – Borys Tymonkin said.

"We must understand that in the country there still is a lot of currency that belongs to our compatriots – in cash, in banks, in offshore. Significant part of the assets of residents of Ukraine is in dollars and euros. This is – a real financial asset, so why not to use it?"– the Chairman said.