Ukraine became the leader in the world in terms of bad loans
The banking system of Ukraine in 2017 set a world record for the volume of problem loans. This was announced by the director of the financial stability department of the National Bank of Ukraine Vitaly Vavrishchuk. "We set an unpleasant and expensive for the economy record, in Ukraine recorded the largest share of non-performing loans in the history of world observation. However, this problem has already been resolved, banks have formed reserves for loans, they do not put pressure on capital. We believe that banks should resolve issues with distressed debts by clearing, restructuring or writing off, "Vavrischuk said.
He said that the share of problem loans reached its peak in July - 58%, after which it gradually decreases.
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