"Good" and "very good": bankers assessed the financial sector

Almost half of the heads of the largest banks and non-banking financial institutions have rated the state of Ukraine's financial sector as "good" and "very good". This is evidenced by results of "Survey on systemic risks of the financial sector", conducted by the NBU for May 2025, reported Dengi.ua .

The National Bank noted that, according to the survey, almost half of respondents assessed the current state of the sector as good or very good, which is the best indicator since the full-scale invasion in 2022.

Meanwhile, the majority of respondents said the state of the financial sector has not changed over the past six months, and three-quarters expect its condition to remain unchanged over the next six months.

"Somewhat less than half of financial institution managers identified the level of risk in the sector as a whole as medium, in favor of more optimistic assessments, the proportion of respondents who assessed risks as very high decreased. The overall level of risk in the financial sector financial institutions assessed as moderately high with a slight improvement compared to the last survey", - informs the regulator.

It is also noted that the main sources of systemic risks in the financial sector, according to financial institutions, continue to be:

• war with the Russian Federation - on the first position
• risk of fraud and cyber threats (+ 4 positions from November 2024, second place among the greatest threats)
• human capital quality risks in the financial sector have been among the top five risk sources for three consecutive surveys (+1 position since November 2024)

At the same time, risks have significantly weakened:

• activities of law enforcement agencies and the judicial system
• general level of corruption
• quality of legislation
• political and social situation in the country.

"As noted by a quarter of respondents, the risk appetite of financial institutions further increased for the third consecutive survey, but two-thirds of respondents said that the risk appetite remained unchanged," the NBU emphasized.