KIEV, Oct. 31 – The quality of the assets of Ukrainian banks that have ratings assigned by Fitch Ratings have stabilized, although it is still weak.

Fitch said that by the end of H1, some 50% of credits of banks with Fitch's ratings are potentially bad, including 20% of credits having on average a 90-day delinquency, while 30% of them are structured credits. At the end of 2010 the indicators were 21% and 36% respectively.

"The stabilization of the quality of assets reflects upward economic growth, the large amount of admitted bad credits, and mid-range 'denominator effect' due to crediting growth," Fitch said.