Next 20 largest banks has to bring to positive territory capital adequacy ratio before 1 January 2017.
Banks, which fail to reach positive territory of capital adequacy ratio of 1 January 2017, will be declared insolvent.
According to the results of diagnostic of assets quality and capital adequacy, 7 banks from 20 did not need recapitalization, 12 of them provided recapitalization programs. Bank MIKHAYLIVSKIY PJSC was declared insolvent before end of diagnostic.
In 2016, NBU continued diagnostic of assets quality and capital adequacy of next 40 banks. As a side note, diagnostic of top 20 banks was held in 2015. NBU is to examine the rest of banks by the end of September 2017.