The stress testing of banks should be completed by 10 August 201, UNN reports in the National Bank in response to the request.
“The stress testing of certain 25 banks, within the annual assessment of the sustainability of banks, already started and will be conducted within the timeframe, set by the Board Resolution № 141. Consequently, it should be completed by August 10”, the message says.
NBU added that by this time, the banks, which, as per results of three stages of the assessment, will need the capital increase, will receive NBU’s request for drawing up the capital increase program and developing measures for maintaining and restoring the level of capital adequacy.
The regulator reminded that the annual assessment of the sustainability of banks provides for two stages for all banks and the additional third stage for 25 banks, which 93% of assets of the banking sector account for.
The assessment of the asset quality and collateral acceptability. External auditors conduct assessment for all banks.
The extrapolation of results of the first stage, the assessment of capital adequacy and requirement. The second stage is conducted in case of finding the incorrect reflection of the asset quality by the banks during the first stage.
The stress testing, the assessment of capital adequacy and requirement. It should be reminded that in 2018, the stress testing was conducted in 25 banks, operating in Ukraine. This list included four state banks.
