Page 55 - UKRRptFeb19

the sale of creditors’ claims and UAH8.96mn was obtained from the sale of main banks' assets. Also, UAH0.03mn was received from the direct sale of banks’ property. As Ukrinform reported, the Deposit Guarantee Fund last week planned to sell insolvent banks' assets for a total sum of UAH4.33bn.
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
8.1.1 Earnings
Ukraine’s banking system is profitable for the first time since 2013,
Smoliy told the Rada. He said there are now 77 banks operating in Ukraine – 4 state-owned and 22 with foreign capital. After the big shakeout of 2014-2017, only one bank was declared insolvent last year – Russia’s VTB Ukraine unit. This year, one bank has until April 1 to meet capital requirements or restructure its debt.
Ukraine's banking system is not only "resilient, capitalised, and transparent", but also returned to profit in 2018 , the National Bank of Ukraine (NBU)'s governor Yakiv Smolii told the country's parliament, the Verkhovna Rada, last week.
"The financial sector is showing good performance as well. The banking system is not only resilient, capitalized, and transparent, but also profitable - for the first time in five years," the regulator's media office quoted Smolii as saying, without providing any numbers.
Net losses of Ukraine's banking sector stood at UAH24.4bn (almost $900mn) in 2017, the NBU said in a statement in February 2018. The result was attributed to the performance of battered Privatbank , nationalised in late 2016, and four other "large-scale banks". The NBU did not provide names of these four lenders though.
Ukraine's central bank has transformed the entire banking sector of Ukraine after years of massive fraud over the past three years. The NBU has withdrawn the licences of around 100 lenders, many of them due to their involvement in money laundering, stealing depositors’ money or for having a non-transparent ownership structure.
Smolii added that consumer confidence in the banking system is on the rise.
55 UKRAINE Country Report February 2019 www.intellinews.com