KIEV, Dec. 14 – Stress tests of Ukrainian banks again revealed inadequate reflection of the real quality of their credit portfolios, according to a December report on financial stability published by the National Bank of Ukraine.
"After stress tests of 40 banks, the share of non-performing loans (NPL) grew from 19% declared by banks to 43%," the NBU said.
The central bank recalled that after stress tests of 20 largest banks, in 2016 stress tests for next 40 banks was finished: the share of total assets of these banks was 9.5% of the banking system. In general, banks having over 98% of the sector assets passed stress tests in 2015 and 2016.
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