In April, the share of non-performing loans in the banking sector of Ukraine increased to 27.1% compared to 26.6% in March, reported the National Bank of Ukraine. In March, the volume of non-performing loans increased by UAH 1.2B ($38M). In total, in January-March 2022, the volume of non-performing loans decreased by UAH 38.9B, and the share of NPL decreased by 3%. Due to the formation of reserves for expected losses due to the war, the banking sector in the first quarter of 2022 amounted to UAH 160M. According to a survey by the NBU, banks are currently seeing a sharp decline in demand for loans from businesses and individuals as well as a decline in demand for mortgages.