WB representative: In Ukraine it is necessary to develop the market of the bad assets

Financial Coordinator of World Bank projects in Ukraine, Belarus and Moldova, Marius Vismantas urged Ukrainian authorities to develop the market of the bad assets, the amount of which is now negligible - only about 20 billion Such a market is needed to sell not only blank, but mortgage loans to individual persons, and even corporate loans. He stated this during a round table, which held the NGO "League of financial development with the support of the" Mirror of the Week "and the project USAID" Financial Sector Development "FINREP. "To do this, improve the existing regulatory framework, particularly in parts of the system of taxation, currency regulation, banking secrecy, etc. Now, the National Bank working group accumulating the appropriate changes in legislation. However, it would not hurt to accelerate this process," - Vismantas sure. He noted that the World Bank supports the idea of ??separating the "bad" and "good" assets, which would help focus the "bad" in a special financial institution. "But this concerns primarily rekapitaliziruemyh state banks. The Office" toxic assets "requires the creation of a special mechanism to work with them" - believe Vismantas. According to him, clearing banks 'balance sheets from poor-quality loans should not be at taxpayers' expense, but primarily due to bank owners - through the creation of reserves under the "poser" at the expense of capital. According to experts, with the crisis, private investors have been "poured" into the system of capital for more than 50 billion USD.