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Ukrainian state-run banks may be capitalised additionally - Deputy Finance Minister

Ukrainian state-run banks may be capitalised additionally - Deputy Finance MinisterThe necessity to additionally capitalise state-run banks will be established after assessing their credit risks in line with the resolution of the National Bank of Ukraine (NBU) No. 351 on the approval of the procedure for determining credits risks under active bank transactions by banks that were recently endorsed, Deputy Finance Minister Yuriy Butsa has said.

"Now the assessment of the necessity to expand reserves by banks under NBU resolution No. 351 continues. After the results of the assessment, maybe it would be required to additionally capitalise state-run banks. It is early to speak about it. The assessment system is being tested," he told media on the sidelines of the seventh Ukrainian Investment Forum organised by CFA Society Ukraine.

He said that the capitalization plan for this year has been implemented.
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