The analysis of the state of assets of state-run Ukreximbank and Oschadbank (both based in Kyiv) conducted by the National Bank of Ukraine (NBU) in January revealed worsening of the quality of some credits in the past year, the Finance Ministry said.
“The discipline of servicing the credits by many large borrowers significantly worsened, and some companies stopped servicing credits. This resulted in the increased need in additional capitalization of the banks in 2017. The final sum of the additional capitalization will be determined, taking into account possible positive effects from restructuring of some debts under the law on financial restructuring. At present state-run banks observe the NBU’s requirements to the size of their regulatory capitals,” the ministry said. (Prime/Business World Magazine)