KYIV, Dec 22 – The National Bank of Ukraine (NBU) conducted a stability assessment for the 20 largest banks, which collectively have more than 90% of the country sector’s net assets, and identified the need for additional capitalization of five banks, but two of them have already managed to increase capital adequacy to targeted standards following the audit.

"Based on the results of the sustainability assessment, only five banks have a higher than minimum level of capital adequacy standards and only three of them have risks of completely losing capital over a three-year horizon. These five banks will prepare capitalization and restructuring programs to achieve capital adequacy or maintain it at the established level. Some of them already have capital adequacy above those established by the results of the sustainability assessment of the increased standards," the NBU said in its report on financial stability, published on Friday.