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Share of bad credits in banks up 0.7% in November, NBU reports
Journal Staff Report

KIEV, Dec. 24 - The share of bad credits in the total amount of loans extended by Ukrainian banks in November 2009 grew by 0.7 percentage points, to 8.8% by December 1, 2009, the National Bank of Ukraine reported.

The amount of bad credits in monetary terms in November grew by 7.3% or UAH 4.435 billion, to UAH 65.317 billion, the NBU said.

Since the beginning of the year, bad debts have grown by almost 3.6 times, from UAH 18.015 billion.




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