About Twinning project

The National Bank of Ukraine implements the Twinning project Strengthening the Institutional and Regulatory Capacity of the National Bank of Ukraine to Implement the EU-Ukraine Association Agreement (the Project) funded by the European Union.
 
The general aim of the Project is to promote the macroeconomic stability of Ukraine by strengthening the NBU’s institutional capacity and establishing a reliable banking system and payment infrastructure. Besides, the Project intends to support the NBU’s efforts and capacities in implementing the EU-Ukraine Association Agreement.
 
The Project is implemented in cooperation with the partners from Narodowy Bank Polski and Bank of Lithuania.
 
The project implementation period is from 1 October 2020 to 30 June 2022. The experts from Narodowy Bank Polski and Bank of Lithuania, as well as specialists from the European Central Bank, central banks of Greece, Hungary, the Netherlands, Portugal, and Sweden are involved into implementation of the Project. Over 100 experts, both from the EU member states and from the NBU, take part in a range of events within the framework of the Project.
 
At present, due to the Covid-19 pandemic, all activities under the Project are held remotely. 
 
Twinning, the instrument of the institutional cooperation, was launched in 1998 to assist the candidate states for accession to the EU in attaining sound results through the experience exchange. It was proposed for the countries of the European Neighbourhood Policy in 2004. Twinning projects unite experts from the public authorities of the EU member states and of the beneficiary states that obtain the technical assistance.
 

Project components

The Twinning project focuses on four areas

 

 

 

 

 

 

Component 1 (A): 

Further transposition of Basel Core Principles for Effective Banking Supervision 

Transposition of Basel Core Principles for Effective Banking Supervision and the EU capital requirements legislation in the area of internal capital adequacy assessment process (ICAAP), internal liquidity adequacy assessment process (ILAAP) and assessment of the banks’ risk profiles through the Supervisory Review and Evaluation Process (SREP).

 

 

 

 

 

 

Component 2 (B): 
Instant Payment Settlement System 

A model is developed for the instant payments architecture in Ukraine and a road map to implement the model.

 

 

 

 

 

 

Component 3 (C): 
Institutional strengthening through the establishment of integrated system of strategic planning, execution and monitoring, processbased model of planning and management

Process-based planning and management model, including a performance management system is introduced in the NBU.

 

 

 

 

 

 

Component 4 (D):

Strengthening of the NBU international cooperation function and capacity in the area of European integration of Ukraine

The NBU international cooperation function is strengthened, in particularly regarding the implementation of the Association Agreement.

Project leaders

61b3ad51c024b82e5bff59bd5c6476e1.jpg

Mr Paweł Samecki

Project Leader, Adviser to the NBP President, Narodowy Bank Polski

Details
3d8eaac3a757df932fe8680947eeac20.jpg

Ms Vilė Urbonienė

Junior Project Leader, Director of International Relations Department, Lietuvos bankas

Details
0ce0a8523505ccb28ebab7dffe7b42c8.jpg

Mr Volodymyr Kuchyn

Beneficiary Country Project Leader, Head of Office for European Integration and International Programs, National Bank of Ukraine

Details
3de76e202339f4830306a7f3c534b08e.jpg

Mr Dariusz Lewandowski

Resident Twinning Adviser (RTA), Expert in the International Department, Narodowy Bank Polski

Details
51665d6cb99a7da95f8d195c9afc0651.jpg

Ms Liudmyla Labur

RTA Counterpart, Head of the EU and Bilateral Relations Division, Office for European Integration and International Programs, National Bank of Ukraine

Details

Component Leaders and Component Leaders Counterparts

69b96bb3ad3d091098ab62601e94c696.jpg

Ms Erika Balaikienė

Leader for Component 1 (A), Head of Banking Supervision Division, Lietuvos bankas

Details
10f8fd41007c7ff5e24b72a52fceffae.png

Ms Mariia Ponomarenko

NBU Leader for Component 1 (A), Head of the Supervisory Procedures Implementation Division, Banking Supervision Department, National Bank of Ukraine

Details
0113b950140d2a51f68c240c49dc0093.jpg

Mr Robert Klepacz

Leader for Component 2 (B), Deputy Director of the Payment System Department, Narodowy Bank Polski

Details
0a9c0862d30a3041d2908fb26964aeaf.png

Mr Andriy Poddyerogin

NBU Leader for Component 2 (B), Director of Payment Systems and Innovations Department, National Bank of Ukraine

Details
31fa84d2c9c998951190b37d577c9db3.jpg

Ms Gytautė Peseckaitė-Kibickienė

Leader for Component 3 (C), Head of Performance Management Division, Lietuvos bankas

Details
3b05a2b473257404a017232cbaebf721.png

Mr Maksym Komarov

NBU Leader for Component 3 (С), Head of Strategic Planning Unit, Strategy and Development Department, National Bank of Ukraine

Details
83a84d6a0f8a8ffc5aecb6e3c521c88c.jpg

Mr Tomasz Ciszak

Leader for Component 4 (D), Deputy Director of the International Department, Narodowy Bank Polski

Details
133c17a38f4cc2a14c478795cfeae7be.jpg

Ms Liudmyla Labur

NBU Leader for Component 4 (D), Head of the EU and Bilateral Relations Division, Office for European Integration and International Programs, National Bank of Ukraine

Details

Event Timeline

  • 6104080c96669ee90b854338cfcd9529.jpg

Useful materials

09a3b0f94e36abb65ad24521364ae655.jpg
009700bb349cd714d2fadc622010bfba.jpg
e6e01bf024ede07f8331b57da6cedd4c.jpg
bfd9043489af78df6b8e5014a6cadc56.jpg

The The NBU works with international financial institutions with the purpose of enhancing the stability of Ukraine’s financial system. While integrating into the global financial community and moving towards the European Union, the NBU coordinates its actions with international institutions and other central banks. To find out more go to the link