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VTB Ukraine’s closure will not affect banking stability

Wednesday, November 28, 2018
VTB Ukraine’s closure will not affect banking stability

VTB Ukraine’s closure will not affect banking stability, the central bank says. On Oct. 1, VTB Bank ranked 25th among the 82 banks operating in Ukraine, accounting for only .6% of assets.

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I have some highlights from the newsletter I received from your publication. To give an example: one of Ukraine's largest food processors has built a production line in the Lviv region, two large potato producers plan to build factories to produce french fries, 13 new gas wells will open this year in Lviv, by 2020 Ryanair expect to carry more than four million passengers to Ukrainian airports, almost 11 thousand indians study at Ukrainian universities and a nationwide poll of Ukraine's economic views by the International Republic indicates a gradual increase in economic optimism. There is a lot of this kind of business news, which are sometimes not in the headlines of big publications, yet, of course, there are difficulties. As a journalist focussing on the economy of this country, what is your diagnosis? How would you assess it? What does the international public generally need to understand?

I have some highlights from the newsletter I received from your publication. To give an example: one of Ukraine's largest food processors has built a production line in the Lviv region, two large potato producers plan to build factories to produce french fries, 13 new gas wells will open this year in Lviv, by 2020 Ryanair expect to carry more than four million passengers to Ukrainian airports, almost 11 thousand indians study at Ukrainian universities and a nationwide poll of Ukraine's economic views by the International Republic indicates a gradual increase in economic optimism. There is a lot of this kind of business news, which are sometimes not in the headlines of big publications, yet, of course, there are difficulties. As a journalist focussing on the economy of this country, what is your diagnosis? How would you assess it? What does the international public generally need to understand?

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