NBU launches reform of problematic loans: what will change for banks and investors
The team of the National Bank of Ukraine met with representatives of the Swiss State Secretariat for Economic Affairs (SECO), the Embassy of the Swiss Confederation in Ukraine, and the International Finance Corporation (IFC). The participants discussed cooperation, the development of digital financial services, problematic assets, and other issues.
In particular, the NBU, IFC, and SECO are working together to create a regulatory framework for addressing problematic debt, such as non-performing loans. The reform in the area of resolving problematic assets and the development of digital financial services for the population and businesses was also discussed.
Summary of the meeting
As a result of the meeting, the NBU team, SECO, and IFC continue to collaborate on creating a favorable environment for financial institutions, developing digital financial services, and resolving problematic assets, facilitating the release of funds in banks and attracting foreign investment.
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