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8.1.2 NPLs
State-owned banks reduced non-performing loan (NPL) portfolios by UAH108bn ($4.1bn). Since January 2020, the reduction in the level of NPLs in the period to September was 35%. State-owned banks reduced NPL portfolios by UAH108bn, which is almost 80% of the total reduction in the banking system. The announcement was made by the press service of the Ministry of Finance, noting that state-owned banks currently do not see regulatory obstacles on the part of the NBU and the government to effectively resolve bad debts. At the same time, banks expect more effective protection of their rights in the courts.
NPLs % of loan book
Sep 19
Sept 20
Sept 21
ratio of non-performing loans, %
49.28
48.05
34.99
incl. banks:
with state participation, of which:
63.95
63.69
51.95
PrivatBank
80.92
79.44
70.57
state banks ex-PrivatBank
48.99
47.56
36.59
Foreign owned
35.27
33.99
22.28
Privately owned
20.08
18.52
11
Insolvent
0
15.95
99.42
Source: NBU
42 UKRAINE Country Report November 2021 www.intellinews.com