Moody's positive forecasts for the Ukrainian banking system confirm PrivatBank's strategy – Petr Krumhanzl

The international rating agency Moody's improved its forecast of the Ukrainian banking system from stable to positive, implying an increase in the solvency of Ukrainian banks over the next 12 to 18 months. direction ", – noted the chairman of the board of directors of the bank Petr Krumhanzl .

According to him, the assessment of the agency coincides with the calculations that under – Extend the recently approved strategic plan for the development of PrivatBank.In particular, the strategy of the bank plans to improve the quality of assets and increase the profitability of the banking sector at the expense of a situation. positive macroeconomic, which will improve the credit environment for PrivatBank.

Moody's note that now, most nonperforming loans are deducted from reserves is expected to decline and loans to banks will increase to 10% at Over the next two years, this confirms the positive steps taken by PrivatBank to address the problem of nonperforming loans and consolidates its strengths and leadership positions in the market.

Since the nationalization, Pr. ivatBank has introduced many changes in the internal risk management system to reconcile the bank with international best practices. .

PrivatBank intends to continue to improve its performance and maintain its leadership position in the retail loan and retail market for the amount of 45 billion and 170 billion hryvnia, respectively.

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