OREANDA-NEWS. December 22, 2011. Having reviewed the conclusions of the National Bank of Ukraine on the financial condition and performance over the last six months economic normatives by banks authorized to service current accounts of pensioners and beneficiaries, and having analyzed their activity in the payment of pensions and financial assistance, compliance with applicable law, the Competition Commission of Pension Fund of Ukraine for the selection of banks, in which with the consent of pensioners and recipients, there can open accounts for payment of pensions and financial aid, has decided to extend the term of contracts with the 70 authorized banks till January 1, 2013.