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NBU suggests ways of cutting restructuring costs of non-performing loans
Journal Staff Report

KYIV, March 6 The National Bank of Ukraine (NBU) has drawn up some initiatives how to cut the cost of restructuring of non-performing loans (NPL) by banks under the law on financing restructuring and in general to increase their interest in this restructuring, Deputy NBU Governor Kateryna Rozhkova said.

"As for the cost of services, we need to create a secondary market for bad loans. The corresponding bill developed together with our consultants, the banking community and international financial organizations is submitted to the parliamentary committee. I hope that it will be adopted," she said at a roundtable organized by the Center for Economic Strategy in Kyiv on Monday.




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