The banking system of Ukraine in 2017 and set a world record for size of problem loans. This was stated by the Director of the financial stability Department of the National Bank of Ukraine (NBU) Vitaly vavrischuk, write Ukrainian news.
“We found unpleasant and expensive for the economy record in Ukraine recorded the highest NPL ratio in the history of world observations. However, this problem has been solved, the banks formed reserves for loans, they do not put pressure on capital. We believe that banks should solve the issue with problem debts through clearing, restructuring or write-off,” said vavrischuk.
He said that peak, the share of problem loans reached in July is 58%, and then decreases gradually.
According to him, the banking system is sufficiently capitalized. About 50 banks (mostly small) have a capital adequacy above 25%.
International rating Agency Moody’s expects to reduce the proportion of bad loans in Ukrainian banks up to 45-50% by the end of 2018.
See also: Leaders and outsiders. Talking about the updated statistics of the NBU