The National Bank of Ukraine (NBU) started stress testing of 25 largest banks.
The testing started from May; the testing covers the banks, which in aggregate about 95% of assets of the banking sector account for, UNIAN reports.
As per the testing results, if NBU finds that some banks need increasing their capital, the respective banks will receive instructions on developing the capital increase programs.
Reportedly, in Ukraine, every third bank is the violator. Out of 82 operating banks, as of April 1, 2018, 31 financial institutions violates NBU regulations.
This March, the National Bank announced the asset quality rating for 25 banks, including Privatbank, Oshchadbank, Ukreximbank, Raiffeisen Bank Aval, Alfa-Bank, Ukrgasbank, PUMB, UkrSibbank, Sberbank of Russia, Ukrsotsbank, OTP Bank, Bank Pivdenny, Credit Agricole, Prominvestbank, Tascombank, Procredit Bank, Kredobank, VTB Bank, Credit Dnepr, Megabank, Vostok Bank, A-Bank, Idea Bank, Universal Bank and Investment and Savings Bank.
