National Bank notes a deterioration in asset quality of the two state banks. What this means

Two state banks – “Oschadbank” and “Ukreximbank” – you might need additional capitalization due to the deterioration of their asset quality.

This was stated by Deputy Chairman of the Bank Ekaterina Rozhkova, UNIAN reports.

“Today we continue to explore additional capital requirements of banks due to the credit quality of the portfolio. This applies primarily to “Oschadbank” and “Ukreximbank” – said Rozhkov.

The quality of the loan portfolios of these banks has worsened because banks are not complied with the plans for debt restructuring. The quality of the collateral for loans has also deteriorated.

“We are not talking about new factors. We are talking about that for two years, and particularly during the 2017, was not made substantial steps to improve the debt structure of large groups of borrowers,” – said Rozhkov.

We will remind, the NBU told what is happening in the banking sector and loans from the IMF.

  • the Bank
  • National Bank
  • Oschadbank
  • Ukreximbank

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