NBU: Share of non-performing loans grows to almost 60%

The share of non-performing loans in Ukraine's banking system grew by 1.34 p.p., to 57.73%, according to the National Bank of Ukraine (NBU).

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The highest ratio of non-performing loans to the loan portfolio was reported in state-owned banks (73.1%), whereas the share of non-performing loans in insolvent banks was 54.7%, the NBU said in a report on its website.

In total, the Ukrainian banks' loan portfolio was estimated at UAH 1.017 trillion, or US$39.3 billion, as of July 1, 2017, the regulator said.

Read alsoCabinet allocates extra UAH 300 mln for "warm" loans programAs UNIAN reported earlier, a high proportion of non-performing loans was a major obstacle to the active resumption of lending in Ukraine, according to the NBU estimates.

The National Bank estimates the excess liquidity of the banking system at UAH 4 billion, or $155 million. However, it does not see active lending, which is related to low protection of creditors' rights, as well as challenges in the legal and judicial systems, according to the regulator. 

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