This was reported by the NBU press service.
It is noted that as of January 1, 2025, the banking system maintains a sufficient capital reserve at all levels. The current indicator generally ensures the sector's resilience to potential shocks and allows for further growth of the loan portfolio.
Recall that, in accordance with the requirements of the Law of Ukraine "On Banks and Banking Activities," effective from August 5, 2024, banks transitioned to a three-tier capital structure and new capital adequacy standards, utilizing a number of transitional provisions, particularly a phased timeline for achieving the minimum required capital adequacy ratio, specifically:
- from August 5, 2024, to December 31, 2024 — at least 8.5%;
- from January 1, 2025, to June 30, 2025 — at least 9.25%;
- from July 1, 2025 — at least 10%.
Due to the transition of banks to the new capital structure, the quality component has improved — Tier 1 capital (through the inclusion of retained earnings that were previously reflected mainly in lower-tier capital, and the recognition of interim profits in accordance with transitional provisions without audit confirmation). Therefore, the current capital of banks is adequate to cover all key risks.