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8.1.2 NPLs
NPLs began to increase in volume for the first time in a long while. In June, financial institutions began to gradually recognize NPLs as loan quality deteriorated due to hostilities. Overall, the NPL ratio increased by 2.6 pp in the second quarter, to 29.7%. First and foremost, the corporate NPL ratio rose by 3.7 pp.
NPLs % of loan book
Oct 21
Oct 22
Oct 23
ratio of non-performing loans, %
33.26
35.54
37.87
incl. banks:
with state participation, of which:
50.63
50.58
50.26
PrivatBank
70.21
70.65
61.92
state banks ex-PrivatBank
34
35.85
41.85
Foreign owned
20.51
16.73
16.25
Privately owned
10.46
20.55
18.98
Insolvent
0
0
0
Source: NBU
72 UKRAINE Country Report November 2023 www.intellinews.com