Investors are interested in low-quality Ukrainian assets

Foreign investors are very interested in entering the Ukrainian market of low-quality assets. This was stated by Chairman of the Supervisory Board of Platinum Bank Yuri Blaschuk during the roundtable, which met the NGO "League of financial development," according to The Mirror of the week. Ukraine. According to the banker, today the world "wander" a very large funds that do not know where they are "perch oneself." Given this, to find investors to buy adversely classified assets in the domestic banking institutions is not so difficult. At the same objective obstacle to the process can have a number of regulatory standards in Ukraine. In particular, non-residents today have the right to buy loans in local, on the other hand - they are not given the opportunity to do something with the acquired (refer to collectors, re-sell, etc.). In addition, there are problems with the methodology of assessment of portfolios, with the launch of the securitization of assets (issue securities backed by assets that generate stable cash flows) adversely classified loans, etc. Stressed the need to streamline legislation and chairman of Pravex Bank, Sergei Naumov. He noted in particular the need to develop mechanisms for the implementation of secured credit. Earlier, Prime Minister Mykola Azarov charged the Ministry of Foreign Affairs to immediately develop and within six months to implement an ambitious program to inform businesses of the partner countries about the investment climate and opportunities in Ukraine. As we know, this year the government expects to attract an additional 100 billion USD. investment. Ministry of Industry