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Ukrainian banks vs unfair corporate debtors: the recent context | KyivPost - Vimarsana News

Ukrainian banks vs unfair corporate debtors: the recent context | KyivPost

GOLAW Law Firm on social media Non-performing loans (NPL) are one of the most popular types of credit contract breaches that substantially distorts the economy of any country and damages the health of the banking system as a whole. In Ukraine, the issue is especially acute: nearly a half the of credit portfolio of Ukrainian banks is non-performing . Most of the problematic debtors are corporate clients, and the reasons for that vary from solvency problems to fraud and a range of other unfair actions on part of the businesses’ owners. The National Bank of Ukraine is perma...