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Ukraine in the first place in the world in terms of bad loans

Ukraine in the first place 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.

"If there is no interest of the state in the development of this market at the expense of reducing the cost of loans, in the coming years the rate will remain quite high, and the segment of mortgage lending will not have a significant development. Buy an apartment and in the future will be inaccessible to the majority of the population who wants to buy economy-class housing. In such a situation, the state, probably, should have participated in the development and implementation of some programs that provide compensation for part of the interest rate on a mortgage loan, or part of the body of the loan. Moreover, such experience with the program "Affordable Housing" has already been, and it was successful. Analysis of the portfolio of our loans under this program shows that, despite all the disasters in the economy and a decrease in the incomes of natural persons, it remains good, and people continue to service these loans, "the banker noted.

on the materials of the publication "Capital Real Estate"

Earlier, we reported that the bottom of the hryvnia is already behind!