Business news from Ukraine

4 UKRAINIAN BANKS VIOLATE REQUIREMENTS IN OCT

21 October , 2021  

The single counterparty exposure limit (H7, shall be no more than 25%) as of October 1, was violated by Prominvestbank (88.3%) and Industrialbank (44.08%), according to the website of the National Bank of Ukraine (NBU).
The limit on bank total long open FX position (L13-1, shall be no more than 10%) was violated by Oschadbank (135.7%), Prominvestbank (106.93%), PrivatBank (80.25%) and Industrialbank (19.56%).
The limit on bank total short open FX position (L13-2, shall be no more than 10%) was violated by Prominvestbank (131.27%).
As reported, the prudential requirement on Net Stable Funding Ratio (NSFR) was set at 90% by the NBU for banks starting October 1 (earlier it was 80%). In accordance with the schedule, the NBU will increase the NSFR requirement for banks to 100% from April 1, 2022.
According to the data of the National Bank, all operating banks as of October 1 exceed the level of the NSFR standard of 90%.
The NSFR regulation is intended to encourage banks to rely on more stable and long-term funding sources and reduce their dependence on short-term financing.

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