20 Ukrainian banks have passed the stability assessment - NBU
Kyiv • UNN
The National Bank of Ukraine has confirmed that 20 banks holding more than 90% of the sector's assets have sufficient capital despite the risks. Five banks were recommended to increase their capital levels.
This year's assessment of the sustainability assessment showed a sufficient capital reserve and a large margin of safety of the system as a whole. in general. It was passed by 20 banks, which together have more than 90% of the sector's net assets. in the sector. This was announced by First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova during the presentation of the financial stability report, reports correspondent of UNN.
Sustainability assessment, which we have almost completed, also confirmed that the level of capitalization is more than sufficient and that the banks are sufficiently resilient to the challenges and possible risks in which we are currently living in, and we see them continuing in the future
According to her, stress testing was carried out only under the baseline macroeconomic scenario.
At the same time even this baseline scenario assumed the realization of certain risks, primarily a reduction in interest margin and credit losses. A total of 20 banks passed the resilience assessment. banks were assessed, and only five of them, according to our calculations and estimates, will have a certain need to increase the level of capital. As a result, these banks were increased requirements were set for these banks. Two of these five banks have already met these requirements. requirements have already been met, and the remaining banks will need to prepare capitalization plans, which they will work with in the coming years
She also also said that the NBU plans to conduct the next stress test of the banking sector to be held in 2025.
The report notes that this year's sustainability assessment is being completed in December, and its results will be relevant in 2024. Banks that are subject to increased capital adequacy ratios, will prepare capitalization or restructuring programs or restructuring programs in early 2024 and will implement them in stages over a two-year period.
Addendum
The NBU's December report on financial states that banks have stepped up lending to businesses and households.
