Page 42 - UKRRptMar20
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    Among other factors that improved the credit quality of the sector was ​efforts by banks with foreign capital to clean up their balance sheets by selling or writing down NPLs on the account of loss allowance. The​ share of NPLs in foreign group banks (except Russian banks) fell from 23.1% to 16% in 2019.
Finally the strong appreciation of the domestic currency in 2019, which was up some 14%, also helped by reducing the hryvnia equivalent in NPLs denominated in foreign currency, which also remains significant.
     NPLs % of loan book
   Jan 2018
    Jan 2019
    Jan 2020
   ratio of non-performing loans, %
    54.54
 52.85
 48.36
 incl. banks:
               with state participation, of which:
    71.12
 67.92
 63.52
 PrivatBank
  87.64
     83.35
     78.38
   state banks ex-PrivatBank
    55.75
 54.96
 49.33
   Foreign owned
      41.01
    38.5
   32.51
   Privately owned
      24.08
    23.01
   18.57
 Insolvent
  43.02
    52.04
    0
    Source: NBU
 42​ UKRAINE Country Report​ March 2020 ​ ​www.intellinews.com
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