KIEV, March 3 – The share of bad loans and non-performing loans (NPLs) issued by Ukrainian banks shrank to 32.4% in 2011 from 40.1% (to UAH 243 billion from UAH 296 billion in absolute terms), according to a Credit-Rating study ordered by the International Finance Corporation.

The share of NPLs issued to legal entities fell to 30% as of December 1, 2011, from 36% as of October 1, 2010, Credit-Rating Director Stanislav Dubko said in Kiev at an investment conference, Conference Investing in Distressed Assets in Ukraine - Opportunities and Challenges.