Share of non-performing assets has increased in Belarusian banks

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The share of non-performing assets has grown among Belarusian banks. It increased by 0,5 percentage points to 5.3% in 2021. This is stated in the report “Ensuring financial stability in 2021 and tasks for 2022” by Dmitry Kalechits, the Deputy Chairman of the Board of the National Bank, which was published today on the regulator’s website.

According to the National Bank, the share of non-performing loans to legal entities increased by 1.1 percentage points for a year and now stands at 7.8%. Non-performing loans of individuals decreased by 0.8 p.p. Their share is now 0.6%.

The report notes that the financial situation of enterprises has improved in the past year, but this should not be reassuring. Among the risks for the solvency of debtors, the National Bank calls the strengthening of sanctions pressure, which may have a negative impact on business activity. It can manifest itself in the reduction of both exports and imports. Another risk may be the weakening of the exchange rate of the Belarusian ruble.

Source: Reform.by

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