S&P predicts dependence of Ukrainian banks on state support

According to assessments of the International rating agency Standard & Poor's, as of April 1 of the current year Ukrainian banks have maintained close to sufficient liquidity levels, while reaffirming the continuation of the state-dependent liquidity trend for the next six months, as stated in an analytical report of the agency.

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According to S&P, the National Bank of Ukraine will continue to provide liquidity support to systemically important banks, and the list of banks that are eligible for such support are, in the first place, the five largest banks in terms of assets.

The experts substantiate their conclusions with a number of criteria, including market share of these banks in terms of assets and retail deposits.

 They also assume that the NBU will also support the majority of medium-sized banks that comply with regulatory requirements.

 At the same time, experts noted that only solvent banks that meet the regulatory requirements may qualify for liquidity support from the NBU.

 As UNIAN reported earlier, the amount of debt of Ukrainian banks to the NBU in March increased by UAH 990 million, and by UAH 4.7 billion in January-February 2015.

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