NBU expects further capitalization of state-owned banks

19 December 2017, 11:53 | Economy
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The regulator expects that PrivatBank may additionally require capital of 16 billion hryvnia. This will be the second tranche of the total amount of UAH 38.5 billion, determined after the audit was nationalized.

This is stated in the December report on financial stability of the National Bank, promulgated on Tuesday morning, December 19, on the website of the Central Bank. According to the document, the state "Oschadbank" also needs to be capitalized due to a decrease in the quality of loans granted to large business groups and a depreciation of collateral for such loans.

At the same time, the NBU points out that the issue of internal government loan bonds for capitalization of state-owned banks remains the main component of the quasi-fiscal deficit. According to him, for 11 months of 2017 it was spent 48.9 billion hryvnia, or 1.7% of GDP.

In general, for the nine months of this year, the authorized capital of the banking sector increased by 57 billion hryvnia, or 13.7%.

The main factor was the capitalization of state-owned banks by UAH 44 billion.

At the same time, regulatory capital increased by 9.8 billion hryvnia, or 9.0% less than the authorized capital due to the recognition of credit risk by large banks, the NBU explains..

Recall, as reported URA-Inform, in 2018-2020, Ukraine and state companies have to pay $ 25 billion of debts.

The main amount and interest on it is about $ 20 billion, as well as more than five billion dollars - on the debts of state companies.




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