Ukrainian central bank will order weak banks to boost capital
NBU says it will order recapitalisation and restructuring based on assessment results
Ukraine’s central bank will order banks to submit compulsory restructuring plans if it finds they have capital weaknesses, it announced on August 15.
The National Bank of Ukraine is carrying out “resilience assessments” of the country’s 25 largest banks in 2018, which it says hold 93% of the Ukrainian banking sector’s assets. The NBU said in March that the assessments will have three stages, with the third stage being a stress test.
If the NBU finds any banks have capital shortfalls, it orders
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