Very systemically detrimental contractual breaches become non-performing lending (the “NPL“). The Two impact the economic by distorting the allowance of financing and worsening markets esteem, which in the end slows economic advancement.?
As mentioned in information offered by the National financial of Ukraine (the “NBU“), the express of NPL inside the Ukrainian bank system is definitely 48,9%?, which sums to 562 809 mln UAH (about USD 15 bln) of damaged financial resources.? Continue reading