NBU seeks to introduce bank service technology via BankID in 2018

The National Bank of Ukraine (NBU) has started the second phase of implementing the BankID project and seeks to finish it in 2018, Head of the strategy management and banking sector reform projects and programs at the NBU Valeriy Maiboroda has said.

"The NBU finished the first phase of the implementation of the BankID project. It envisages the use of the identification system for administrative services. The central bank has switched to the second phase foreseeing its use for bank operations. The NBU intends to finish the second phase in 2018," he said at a press conference in Kyiv on Tuesday.

Maiboroda said that during the implementation of the BankID project Oschadbank, First Ukrainian International Bank (FUIB) and Ukrsotsbank (all based in Kyiv) joined the project. In addition, applications from five more banks were sent: OTP Bank, Alfa-Bank, UkrSibbank (all based in Kyiv), Radabank and bank Vostok (both based in Dnipro).

Four portals providing administrative services have joined the BankID system: the portal of Ukraine's Justice Ministry, the single portal of administrative services, portal iGov (drawn up by PrivatBank) and the official portal of Lviv residents.

He also said that a contract on the transfer of ownership rights to BankID to the NBU free of charge was signed with Oschadbank.