The National Bank of Ukraine has recorded a steady trend of decreasing the share of non-performing loans (NPL) in the domestic banking system. As of May 1, 2026, the total volume of problematic loans in the 25 largest banks of the country reached 186,456 million hryvnias.
This is reported by Business • Media
Leading Banks by Volume of Problematic Loans
Among the banks with the largest volumes of NPL, Oschadbank leads with an indicator of 44,991 million hryvnias. Next are Ukreximbank (26,409 million UAH), Sens Bank (24,253 million UAH), Ukrgasbank (21,737 million UAH), and Privatbank (19,440 million UAH). Thus, these five banks accumulate the majority of problematic loans in the country, and all of them belong to the public sector or were previously state-owned.
“In terms of absolute volume, Oschadbank leads with 44,991 million hryvnias. Following are Ukreximbank (26,409 million UAH), Sens Bank (24,253 million UAH), Ukrgasbank (21,737 million UAH), and Privatbank (19,440 million UAH). Thus, these five banks accumulate the lion’s share of all problematic loans in the system — and all of them are either state-owned or former state-owned.”
Percentage Share of NPL in Bank Portfolios
However, the distribution of non-performing loans in the credit portfolio is somewhat different. The highest percentages are held by Alliance Bank (42.7%) and Idea Bank (29.2%). Among large banks, Sens Bank stands out with an NPL share of 30.6%, Oschadbank — 25.5%, Ukreximbank — 20.1%, and Ukrgasbank — 18.9%. In Privatbank, despite the large absolute volume of problematic loans, this indicator is relatively low at 7.5%. Meanwhile, the cleanest credit portfolios are demonstrated by Citibank (0%), Pivdenny Bank (1.5%), and Procredit Bank (2.6%).
Recovery After the Peak Increase of NPL in 2022
Since 2018, banks in Ukraine have shown a reduction in the share of non-performing loans; however, the full-scale invasion by Russia in 2022 led to a reverse trend. The banking sector experienced significant losses from defaults in the first year following the onset of full-scale aggression. Starting in 2023, the situation began to gradually improve: the quality of the new credit portfolio is increasing, lending volumes are rising, and the share of NPL is gradually decreasing. The indicators for the transition of loans for individuals and businesses to the category of problematic currently correspond to pre-war levels.
In January 2025, the NBU harmonized the definition of non-performing loans with European Union standards by implementing the requirements of European Parliament Regulation No. 575/2013. The implementation of European standards did not significantly affect the overall level of NPL and did not change the positive trend of their reduction.