Business news from Ukraine

Business news from Ukraine

SHARE OF BAD LOANS AT BANKS 0.4 P.P. DOWN IN FEBRUARY

The share of bad loans in the banking system of Ukraine as of March 1, 2018 was 56.2%, which is 0.4 percentage points less than a month earlier, according to data posted on the website of the National Bank of Ukraine (NBU). The total volume of the loan portfolio for February decreased by 1.4%, to UAH 1.113 trillion. According to the National Bank, part of non-performing loans in state-owned banks decreased by 0.08 p.p. for the month, to 72.14%.
At the same time, the NBU specifies that, excluding PrivatBank, at which the share of problem loans decreased by 0.35 percentage points, to 86.67%, the share of non-performing loans at state-owned banks declined by 0.14%, to 58.84%.
The ratio of non-performing loans to the credit portfolio of foreign banking groups in February decreased by 0.77 percentage points, to 43.92%, banks with private capital by 1.04 percentage points, to 24.83%, insolvent banks increased by 1.61 percentage points, to 44.38%.
The share of distressed assets of the banking system, taking into account off-balance sheet liabilities, as of March 1, 2018 was 29.44%, which is 0.51 percentage points less than a month earlier.
At the same time, the total volume of such assets in February was down by 0.7%, to UAH 2.215 trillion.

,