Photo from UNIAN

The average figure in the Ukrainian banking system last year was 24%, the NBU said, however, it significantly exceeded similar indicators in developed countries where the share of bad loans is about 10% on the average.

Ukraine ranks third among other European countries with the highest share of bad loans, being behind Cyprus (44.8%) and Greece (34.4%).

Other large Ukrainian banks are still undergoing assets quality evaluation and stress tests, the NBU said.

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As UNIAN reported earlier, the share of Ukrainian operating banks' overdue loans grew by 0.9 percentage points in December last year to 22.1% as of January 1, 2016. Comparative data for operating banks as of the beginning of 2015, as well as data for the whole banking system, including insolvent banks, as of January 1, 2016, have not been made public, making it impossible to properly estimate the dynamics in 2015.

In 2014, the share of overdue loans in Ukraine's banking system increased by 5.8 percentage points to 13.5%. Ukrainian banks' loan portfolio expanded by UAH 95 billion, or 10.43%, within one year, to UAH 1.006 trillion.