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UJ Week
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Business    

Banks could sell up to UAH14b of bad loans in 2010, says analyst
Journal Staff Report

KIEV, Dec. 11 – Ukrainian banks in 2010 could put up for sale bad collateral-free credits worth UAH 8-12 billion and bad collateral credits worth UAH 2 billion, according to Christian Schuller, the director of Kiev-based Ukr-Finance Ltd.

"Ukr-Finance could buy from 20% to 33% out of total bad collateral-free credits, having more than enough sources for financing," the press service of the debt-collecting agency reported, referring to Schuller.




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