Cleaning up Banks Balance Sheets from Non-performing Loans: Legal Issues and Trends.
Mondaq Business Briefing › Nbr. 2010, January 2010
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Cleaning up Banks Balance Sheets from Non-performing Loans: Legal Issues and Trends.
Within the period of financial crisis Ukrainian banks started implementation of various instruments for cleaning up their balance sheets from non-performing loans in order to solve liquidity issue and to continue lending without additional capital injections.
Such instruments usually allow banks to release provisions created to secure their non-performing loan portfolios, to ensure compliance with the ratios set out by the National Bank of Ukraine, as the regulator of the Ukrainian banking system, and, consequently, to improve ...See the full content of this document
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