UKRGASBANK showed excellent performance in NBU stress-test for the third time in a row

On December 28, 2019, the National Bank of Ukraine published the results of bank resilience assessment for individual banks. The resilience assessment comprises asset quality review and stress-tests for the largest Ukrainian banks. This year, 29 banks were stress-tested. Combined, they account for over 90% of the banking sector assets.

According to NBU, UKRGASBANK demonstrated high asset quality and capital adequacy, therefore, it does not require additional capital injection. The Bank showed similar results in 2014/2015 and 2018 stress-tests.

In 2019, nine banks successfully passed the stress test for the second year running. This includes mostly foreign-owned banks along with state-owned UKRGASBANK and PrivatBank.

To find more about the bank resilience, follow the link.