Photo from UNIAN The National Bank of Ukraine has established new requirements for the management by banks of their problem assets, whose high share is identified as one of the systemic risks to financial stability. As reported on the NBU website with reference to Resolution No. 97, the regulator has provided a 14-month period for the phased implementation of new requirements – until the fall of 2020. Read alsoNBU strengthens official forex rate to UAH 25.63 to dollar for July 24 It is noted that the Regulation on the management of problem assets by banks determines the list of problem assets and the components of the management of such assets. The document assumes the existence of an early response system to potentially problem assets and their management. Among the management methods he NBU proposes restructuring and out-of-court or judicial settlement. The provision also establishes the peculiarities of managing recovered property, in particular, it requires a plan for storing such property and its sale. In addition, the provision provides for the development of a strategy for managing problem assets. UNIAN memo. According to the National Bank, at year-start, the share of non-performing loans in the Ukrainian banking system was 52.85%, while in state banks this figure was 67.92%.