Page 47 - UKRRptNov18

controlled by the bank’s owners, as bne IntelliNews reporting in its cover feature “ Privat investigations .” Some 75% of the banks polled by the regulator in July-September responded that they hope that their corporate loan portfolios will continue to grow over the next 12 months. Some 68% of surveyed banks expect their retail loan portfolio to continue to grow.
Over the next five years, the Finance Ministry wants to more than cut in half state ownership in Ukraine’s banking sector , first with the privatization of UkrGasBank in 2020 and, later, of PrivatBank in 2022, Ukrinform reports. Yuriy Galeta, deputy finance minister, says the goal is to reduce state ownership of the banking sector from 55% today to 24%. He noted that a third state bank, Oschadbank, works closely with the EBRD. Last May, EBRD President Suma Chakrabarti said in Kyiv that the development bank would like to take a stake in Oschadbank.
Bad loans with a total book value of $408mn will auctioned through ProZorro.sale this fall . Auctions of these assets from insolvent banks is being prepared with advice from two American companies, First Financial Network, of Oklahoma-City and DebtX, Delaware. A new USAID study calculates that the banking collapse of 2014-2017 cost the equivalent of 40% of Ukraine’s GDP .
Monetary and banking 2010 2011 2012 2013 2014 indicators
2015 2016
Jan-Sep 2017
Non-performing loans, USD bn 57.23 63.90 67.87 81.48 70.48 64.53 63.00 65.93
Non-performing loans ratio 14.8 15.2 29.6 14.5 15.9 25.6 30.4 56.4
Total deposits, USD bn 608.3 741.5 831.3 984.7 729.5 415.0 380.6 362.4
Loan-to-deposit ratio 175% 162% 143% 135% 152% 151% 127% 119%
Capital adequacy ratio 20.6 19.2 18.0 18.1 15.6 9.2 13.0 13.8
Liquid asset ratio 18.8 18.6 22.1 20.6 26.4 33.0 48.5 53
47 UKRAINE Country Report November 2018 www.intellinews.com