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in the national currency UAHwere 389.5bn; and the deposits in foreign currency were UAH251.7bn.
8.1.2 NPLs
The volume of non-performing loans of state-owned banks decreased by 11%, said the Ministry of Finance. From the beginning of 2021, the volume of non-performing loans of public sector banks decreased by UAH 35 bln ($1.29 bln) or 11%. According to the meeting of the Minister of Finance, Serhiy Marchenko, with the Regional Director of the World Bank, the issue of reducing the share of non-performing loans (NPLs) to a certain level up to 20% was raised.
NPLs % of loan book
Dec 19
Dec 20
Dec 22
ratio of non-performing loans, %
48.69
42.03
30.67
incl. banks:
with state participation, of which:
63.1
58.07
48.48
PrivatBank
78.43
74.42
69.45
state banks ex-PrivatBank
48.86
44.09
30.27
Foreign owned
34.14
29.05
17.87
Privately owned
20.16
16.28
9.59
Insolvent
0
0
0
Source: NBU
47 UKRAINE Country Report January 2022 www.intellinews.com
