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InterviewsNovember 16 2023

Powering up banking in Ukraine

Ukraine’s central bank governor tells us how the bank is helping keep the lights on, even as Russia targets Ukraine’s energy infrastructure.
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Powering up banking in Ukraine

The war defines pretty much everything Ukraine’s central bank governor, Andriy Pyshnyi, does these days. And with winter fast approaching, he is already thinking about the impact Russian attacks on Ukraine’s energy infrastructure could have on civilian infrastructure and the country’s banking system.

“We are getting prepared,” he says, outlining an elaborate plan devised by the central bank and the government to keep banks running and cash flowing, and ensure that payments are going through, even in the event of a major power blackout or loss of communications. 

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Anita Hawser is the Europe editor at The Banker. For the past 20 years, Anita has worked as a freelance journalist for a range of banking, finance and tech titles covering topics such as cybersecurity, financial crime, cryptocurrencies, payments, trade and supply chain finance. Before joining The Banker, Anita was Europe editor at Global Finance.
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