The NBU said the banking system has recovered and can resume active lending

The banking system of Ukraine is already capitalized, liquid, and therefore can actively resume their traditional function of lending to the economy and population.

This was stated by Deputy Chairman of the National Bank of Ukraine Kateryna Rozhkova, UNIAN reports.

“Today, we have a fully transparent ownership structure of the banking system. And this means that every consumer can deliberately choose a school for cooperation,” – said Rozhkov.

Banks passed the diagnostic examination of asset quality and now execute plans for recapitalization.

“20 of top 60 banks have fully implemented three-year plans for the capital increase,” – said Rozhkov.

The diagnostics of small banks for almost 90% of the 37 banks had no need for capital increase for assets quality. Most small banks already complied with the requirement to increase the authorized capital up to UAH 200 million.

Against seven banks is the procedure of verification of sources of funds in the capital,” – said Rozhkov.

At the same time, “banks continue to work to reduce the debt to related parties, which will strengthen the capital structure and free up resources for lending to the economy and the population.”

Earlier it was reported that in Ukraine, every fifth Bank is unprofitable.

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