Finance

Friday, April 2

Ukraine’s foreign trade has increased by 12% during the first quarter of 2021, compared to the same January-March period last year. Exports were up by 12% to $13.75 billion. Imports were up by 12% to $15.1 billion. Overall trade totaled $28.8 billion. “The Ukrainian economy is r...

Thanks to fast-growing exports to China and Vietnam last year, Ukraine slashed its trade deficit last year by 93%, to $255 million in 2020, from $3.4 billion in 2019, Kachka said when speaking at the Ukraine’s International Trade Council. He said: “The most important indicators are the phenomenal growth of exports...

Two Czech investment bankers prominent in Ukraine – Tomasz Fiala and Ivan Svitek –received permission from the National Bank of Ukraine to acquire UNEX bank. Fiala, through Dragon Capital companies, is buying 75%. Svitek, former CEO of Alfa-Bank Group in Ukraine, is buying 25%. The Central Bank ranks UNEX Bank as the 63rd largest of Ukraine’s 73 banks, wit...

For the first time since the coronavirus pandemic hit Ukraine, business expectations have moved into the positive territory of the Central Bank’s monthly survey. The mood inched up to 51.4 points, the first time since February 2020 that the index of business prospects have crossed the 50-point equilibrium, report...

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