Stress testing of Ukrainian banks kicks off in May

The National Bank of Ukraine (NBU) in May 2018 started stress testing of 25 banks accounting for about 95% of the Ukrainian banking sector's assets.

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If the examination reveals the need for capital, the banks concerned will be required to develop their capitalization programs by August 10, according to the NBU's website.

The list of banks is not available.

UNIAN memo. In March 2018, the regulator announced the evaluation of assets at 25 banks, including PrivatBank, Oschadbank, Ukreximbank, Raiffeisen Bank Aval, Alfa-Bank, Ukrgasbank, FUIB, UkrSibbank, Ukrainian subsidiary Sberbank of Russia, Ukrsotsbank, OTP Bank, Pivdennyi Bank, Credit Agricole Bank, Prominvestbank, TAScombank, ProCredit Bank, Kredobank, VTB Bank, Bank Credit Dnipro, Megabank, Bank Vostok, A-Bank, Idea Bank, Universal Bank, and Bank for Investments and Savings.