Ukraine will settle nonperforming loans, which will help to attract private investment. The National Bank of Ukraine and the IFC signed an agreement to create an infrastructure for resolving nonperforming loans (NPL) in the Ukrainian banking system. The agreement envisages the creation o... #ifc #nbu #NonPerformingLoans #NPL #UkraineBankingSystem
Domestic investment in Ukrainian enterprises approaches $9.5B. According to Andriy Bukin, Deputy Chairman of the Board of Pivdenny Bank, 72% of these funds were invested by entrepreneurs, 15% was money from state or local budgets, and bank loans account for only ... #BankPivdennyy #BusinessInvestments #CreditPortfolio #investments #UkraineBankingSystem
Ukrainians are building up hryvnia savings in bank accounts. In July, the amount of funds in household hryvnia accounts temporarily decreased, but at the beginning of August, they recovered and continued to grow without affecting the banking system’s fina... #financeUkraine #HryvniaDeposits #nbu #UkraineBankingSystem
Ukrainian bankers predict a further key policy rate decrease to 12%. Seven members of the Monetary Policy Committee of the National Bank have reported the potential to cut the key rate to 12-12.5% by the end of the year, given that the risks to the inflation forecast... #financeUkraine #InterestRate #KeyPolicyRate #nbu #UkraineBankingSystem #UkraineEconomy
Ukraine’s banking regulator names the key risks to financial stability in the banking market. Banks in Ukraine have maintained financial stability and their clients’ trust while increasing lending and their participation in financing the budget deficit, the NBU reported. The regulator states t... #ConsumerLending #financeUkraine #LoansforBusiness #nbu #UkraineBankingSystem #UkraineEconomy
Piraeus Bank Executive: Ukraine’s banking system has shown outstanding resiliency, and international businesses should take note. The Ukrainian Banking Day in London gathered 150 finance executives from all over the world to listen to their colleagues who work in Ukraine and share their views on the financial sector’s cur... #financeUkraine #IoannisKyriakopoulos #nbu #PiraeusBank #UkraineBankingSystem #YannisKyriakopoulos
Over the past year, the share of NPL loans in the banking system decreased to 37.4%. As noted by the NBU, this is 0.8 percentage points below the January 1, 2023, indicator. The volume of NPL decreased by ₴9.7B for the year to ₴422.4B. The regulator explained that the key factor in re... #financeUkraine #LoanPortfolio #nbu #NPL #NPLukraine #UkraineBankingSystem
Ukrainians’ trust in banks is growing, and here is why. Over the past year, the volume of deposits in Ukrainian banks increased by more than 8.6%, reaching a record ₴1.14T. Ukrainians keep ₴733B of this amount in the national currency and ₴409B in foreign ... #BankDepositsinUkraine #financeUkraine #UkraineBankingSystem #UkrainianBanks
The Ukraine banking system continues to increase its liquidity and profitability. The highest results were shown by banks that preferred NBU certificates of deposit, the Standard-Rating Agency reports. In the first half of 2023, the quality of banks’ loan portfolios declined.... #nbu #NPL #PrivatBank #UkraineBankingSystem #UkraineBanksProfits
Ukrainian banks noticed a UAH 1.4B increase in consumer deposits last month. The total amount of May deposits by individuals in Ukrainian banks increased by UAH 1.4B and, as of June 1, amounted to UAH 1.0687T, reported the press service of the Guarantee Fund. It is noted that ... #BankDepositsinUkraine #financeUkraine #HryvniaDeposits #nbu #UkraineBankingSystem
The share of NPL loans continues to grow in Ukrainian banks. The share of non-performing loans in the banking sector as of May 1 was 39.3% compared to 38.8% on April 1. According to the National Bank of Ukraine, the volume of problem loans increased by UAH 1.2B... #BankLoans #CreditPortfolio #NPLukraine #UkraineBankingSystem
The NBU is recognized as the regulator of the year by the Central Banking Awards. For the first time, the National Bank of Ukraine received a title and international recognition for its effective work last year in the war-time conditions. The Central Bank of the Year designation is... #nbu #UkraineBankingSystem
During the war, NBU Electronic Payment System operations decreased by 20%. In 2022, the National Bank’s electronic payment system (SEP) worked without interruption and satisfied the needs of both the Ukrainian banking system and its customers for payments in the national cur... #ElectronicPaymentSystem #nbu #UkraineBankingSystem
Ukraine’s banking system is prepared for a total blackout. At the initiative of the NBU, all systemically important banks united and created a joint banking network called Power Banking. This is a joint network of bank branches throughout Ukraine, which will ... #PowerBanking #UkraineBankingSystem #UkraineBlackout
Due to the attack, Ukraine’s banking system went into remote mode. The National Bank asked banks to ensure the operation of their services in remote mode and to transfer their branches’ operations to a secure format. As noted by the NBU, the banking system of Ukraine... #nbu #UkraineBankingSystem
