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GISMETEO.RU
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Problem assets in Ukraine expected to spike in 24 months, S&P says
Journal Staff Report

KIEV, Sept. 5 - The share of problem assets in Ukraine in the next 24 months will continue to grow, while the share of foreign capital will decline, according to predictions made in a report on the evaluation of country and industry risks in the banking sector of Ukraine issued by Standard & Poor's international rating agency.

"In the next 24 months the share of problem assets will increase from about 40% of total loans to about 50% due to the reduction of GDP, instability in the eastern regions of Ukraine and the significant devaluation of the hryvnia," reads the document.




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