Ukraine’s mountain of nonperforming loans should be cut, said Shevchenko, a veteran of work at state-owned banks, first at Oschadbank

Ukraine’s mountain of nonperforming loans should be cut, said Shevchenko, a veteran of work at state-owned banks, first at Oschadbank, then at Ukragasbank. Addressing the Rada, he broke down the shares of NPLs as follows: in state banks – 49% of all loans; in banks with foreign investment – 32.5%; and in privately owned banks – 20%.