President of Ukraine Viktor Yanukovych signed a law (№ 2504-VI) «On Amendments to the Law of Ukraine" On prevention of the global financial crisis on the construction industry and housing. "
In particular, one of the changes provides funding for operations of commercial banks in providing the citizens of the mortgage loans, which will be implemented by the State Mortgage Institution through replenishment in 2011, their share capital. "The source of replenishment of the authorized capital may be, in particular, domestic government loans which are transferred by the Ministry of Finance of Ukraine to the authorized capital of the State Mortgage Institution, and may be redeemed by commercial banks and other business entities at par with income in the amount of the discount rate for the term of their Treatment "- says the law.
Full text of the law promulgated on the official website of the President of Ukraine.
This Law shall come into force from the date of its publication.