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8.0 Financial & capital markets 8.1 Bank sector overview
Assets of solvent banks in Ukraine in September 2018 alone grew by UAH14.051bn ($498mn), or by 1%, to UAH1.355 trillion ($48bn).
Bank assets have grown by 1.6% or by UAH21.370bn ($757.8mn) since the beginning of the year, according to the National Bank of Ukraine (NBU).
The banks' liabilities rose by 1.5% in September 2018, growing by 3.2% over the nine months of the year, to UAH1.211 trillion ($42.9bn).
Bank capital was 10.3% down over the nine months of 2018, including a 2.8% decline in September, to UAH144.6bn ($5.1bn).
As of October 1, 2018, the number of solvent licensed banks in Ukraine amounted to 81 financial institutions, as in the previous month.
Assets of solvent banks in Ukraine in 2017 rose by UAH80bn ($2.8bn), or by 6.4%, to UAH1.336 trillion ($47.4bn).
The Ukrainian regulator is going to tighten reporting requirements for large corporate borrowers , but soften them for small- and medium-sized enterprises (SME), according to a report published by the National Bank of Ukraine (NBU). In the third quarter of 2018, some large banks tightened their requirements for individual borrowers, while three quarters of the banks polled kept their lending standards intact. In the fourth quarter, the banks are also going to slightly raise their requirements when lending to the public, according to the document. The tightening of the rules follows on from the collapse of PrivatBank, which was nationalised by the state after it was discovered that almost 100% its loan book were actually fake loans to parties that were
46 UKRAINE Country Report November 2018 www.intellinews.com