Ukrainian banks see decrease in defaulted loans

The volume of defaulted loans in Ukrainian banks as of January 1, 2018, amounted to UAH 593.612 billion, or 55.6% of the total volume of loans issued.

Compared with September 1, 2017, when the report on defaulted loans was first presented, the current level decreased by 0.9 percentage points, according to the NBU.

Read alsoNBU reveals volume of Ukraine's multi-billion dollar debt to IMFIt is reported that 15.6% of defaulted loans worth UAH 93.353 billion are those taken by individuals, while 84.3% amounting to UAH 500.259 billion are accounted for legal entities (except banks, budget institutions, and debtors for investment loans).

The largest share of defaulted loans is recorded in BTA Bank (99.1%), VTB Bank (93.6%), and BM Bank (93.1%).