NBU: The banks will write off the balance sheets of bad assets

The National Bank has developed a new provision to write off troubled assets, according to which banks are obliged to transfer their bad assets to the balance of off-balance. Told this to the deputy head of the NBU Igor Sorkin. "National Bank developed a new provision to write off troubled assets" - he said. According to Sorkin, it was previously written off 10 billion UAH. according to the position of the write-off of problem aktivov.Polozhenie invalidated in connection with the entry into force of the Tax Code. In accordance with the Code, the National Bank drafted a new provision, which passed the Finance Ministry for approval. "According to a new location, the asset is transferred from the balance in vnebalans, and with this asset bank also continues to work as with the asset, which would be on the balance sheet" - he said. There are fears that an asset may be scrapped and the bank will not return it, the deputy head of the NBU considers unreasonable. "When the asset returns, the revenue for its implementation are also subject to" - he said. As previously reported, February 22 The National Bank ordered commercial banks to provide information about the amount written off their credit debt for the period from 1 November 2010 to 17 February 2011. Materials: Ukrainian News