The National Bank has revised its approaches to defining and disclosing information about non-performing loans in banks. This was reported in the official release from the regulator.
"Banks will identify non-performing assets based on the changes made to the Regulation on the Organization of the Process of Managing Problematic Assets in Banks of Ukraine, which will take effect at the beginning of 2025," the National Bank's message states.
According to the new rules, non-performing assets of a bank will include not only those with signs of default but also impaired financial assets and restructured assets with delays exceeding 30 days.
However, these changes will not affect the overall volume of non-performing loans in banks.
Additionally, the NBU has updated the requirements for banks to publish information about their indicators, which will ensure greater transparency regarding the level of non-performing loans.