Page 39 - UKRRptFeb23

8.0 Financial & capital markets 8.1 Bank sector overview
Ukraine’s banking sector is starting to suffer. The lack of economic activity and the rapid rise of NLPs is putting the sector under pressure. Rating agencies worry that banks will start to go bust later this year as they struggle to provision for the new bad debt.
39 UKRAINE Country Report February 2023 www.intellinews.com