By KYIV. Dec 27 (Interfax-Ukraine) – The net stable funding ratio (NSFR) of 100% will be introduced from April 1, 2023, the National Bank of Ukraine (NBU) confirmed such plans in its Financial Stability Report published on Tuesday.
According to it, the schedule for the exclusion of noncore assets from capital has also been preserved – at the level of 75% from December 31, 2022.
In the report, the National Bank recommended that banks objectively assess the quality of the portfolio and recognize credit risk and pay more attention to managing liquidity risks, as well as ensure the continuous operation of the next bank branches in blackout conditions.
First Deputy Governor of the National Bank Kateryna Rozhkova said that the regulator intends, starting from the second quarter of 2023, to begin assessing the quality of assets.
As reported, in March of this year, to minimize the negative impact of Russian military aggression on the financial system of Ukraine and maintain its stable activity, the NBU canceled the annual assessment of the stability of banks in 2022, and also postponed for a year – until April 1, 2023 – an increase in NSFR from 90% to 100%.
