NBU may recognize 10-15 banks insolvent in 2017 – expert

The National Bank of Ukraine in 2017 may declare insolvent another 10-15 banks, financial analyst Yehor Perelyhin said during a press conference Tuesday.

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"I think I can safely say today that there will not be such bankfall as we saw both in 2015 and 2016, but 10-15 banks today are potentially set to be withdrawn," the expert said.

According to Perelyhin, the reason lies in the fact that these banks will fail to meet the NBU requirements regarding recapitalization.

Read alsoYear of major banking cleansing"Many of these banks are those who won’t be able to recapitalize. Today, the National Bank absolutely reasonably demands some efforts toward capitalization on the part of the bank's shareholders," he said.

As UNIAN reported earlier, in 2014-2016, the regulator has declared insolvent 81 banks.

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