“Updated approaches to determining and disclosing information on the level of non-performing loans have begun to operate in Ukraine.”, — write: www.ukrinform.ua
“Banks will determine non-performing assets in accordance with the introduced changes to the Regulation on the organization of the process of managing problem assets in banks of Ukraine, which came into force at the beginning of 2025,” the message reads.
According to the document, the bank’s non-performing assets, in addition to those with signs of default, will include purchased or created depreciated financial assets, as well as restructured assets overdue for more than 30 days.
It is emphasized that the implemented changes will not have a significant impact on the volume of non-performing loans in banks, taking into account the balanced approaches of financial institutions to risk assessment and the good quality of the loan portfolio.
At the same time, the NBU updated the requirements for banks to publish information on their activity indicators, which will contribute to the transparency of data on the level of non-performing loans.
The relevant changes were approved by Resolution No. 3 of the Board of the National Bank of Ukraine dated January 9, 2025.
Read also: National Bank proposes changes to the settlement rules for government bonds As reported by Ukrinform, in May 2024 the National Bank approved changes to a number of regulatory acts regarding the definition of non-performing assets.