Ukraine is talking to the International Monetary Fund (IMF) about creating a special financial court to settle bank loan disputes to tame growth of non-performing loans (NPLs), Central Bank Governor Kyrylo Shevchenko said on Monday. The proposed body is intended to give better protection to lenders that may otherwise be unable to recover their loans through a judicial system with a history of corruption while aiming to reduce the proportion of loans that are non-performing to 24% by 2023, down from the current 42%.
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