BankReserves

Monday, March 20

Since the war, Ukrainian banks have built up reserves and increased profitability.

Since the war, Ukrainian banks have built up reserves and increased profitability. In 2022 the banking sector accumulated UAH 119B in their collective accounts. This is a 35-fold jump compared to the UAH 3.4B accumulated in 2021, according to data from opendatabot. Only 10% of banks...

Wednesday, March 8

The National Bank’s reserves decreased by $1B and total $28.86B.

The National Bank’s reserves decreased by $1B and total $28.86B. The NBU reports that reserves decreased by 3.5%, or $1.06B, in February due to the sale of foreign currency to cover the difference between supply and demand in the foreign exchange market. In Februar...

Thursday, January 7

Alfa-Bank Ukraine’s Oleksiy Blinov wrote: “

Alfa-Bank Ukraine’s Oleksiy Blinov wrote: “ Alfa-Bank Ukraine’s Oleksiy Blinov wrote: “This strong increase was delivered via massive FX debt placements by the Ministry of Finance. Overall, MinFin borrowed a net of $2.6 billion in December.”...

In the first government bond auction of the new year, the Finance Ministry raised the equivalent of $308 million — 37% of the amount raised the week before

In the first government bond auction of the new year, the Finance Ministry raised the equivalent of $308 million — 37% of the amount raised the week before In the first government bond auction of the new year, the Finance Ministry raised the equivalent of $308 million — 37% of the amount raised the week before. Choosing among four hryvnia bonds – 3...

Concorde Capital’s Evgeniya Akhtyrko writes:

Concorde Capital’s Evgeniya Akhtyrko writes: Concorde Capital’s Evgeniya Akhtyrko writes: “The drop in auction receipts after the record-high results of December is not surprising. Nonetheless, UAH 9 billion in receipts is quite a strong result ...

Dragon Capital writes:

Dragon Capital writes: Dragon Capital writes: “With the 2021 budget’s deficit target set at 5.5% of GDP, government borrowing needs will remain high this year, keeping it reliant on cooperation with the IMF.”

Ukraine’s 16-day lockdown of restaurants and shopping malls starts tomorrow

Ukraine’s 16-day lockdown of restaurants and shopping malls starts tomorrow Ukraine’s 16-day lockdown of restaurants and shopping malls starts tomorrow. Confirmed new coronavirus cases totaled 6,911 yesterday morning – one half the daily average of one month ago. In light of ...

In face of business pressure to soften or shorten the lockdown

In face of business pressure to soften or shorten the lockdown In face of business pressure to soften or shorten the lockdown, Health Minister Maksym Stepanov told reporters yesterday: “The Health Ministry is against the postponement of the quarantine, against it...

In 2020, 20 Ukrainian films backed by the State Film Agency are now screening in cinemas, and 92 new film projects were launched

In 2020, 20 Ukrainian films backed by the State Film Agency are now screening in cinemas, and 92 new film projects were launched In 2020, 20 Ukrainian films backed by the State Film Agency are now screening in cinemas, and 92 new film projects were launched, Oleksandr Tkachenko, Culture and Information Policy Minister, told rep...

French President Emmanuel Macron is one of a string of Western leaders expected to visit Ukraine this year

French President Emmanuel Macron is one of a string of Western leaders expected to visit Ukraine this year French President Emmanuel Macron is one of a string of Western leaders expected to visit Ukraine this year. Next Tuesday, Moldova’s new, pro-EU President Maia Sandu will visit Kyiv, the first such vis...

Odesa region’s Pivdennyi port consolidated its position as Ukraine’s premier sea port last year, increasing cargo by 14.5% yoy, and accounting for 39% for all of Ukraine’s waterborne trade.

Odesa region’s Pivdennyi port consolidated its position as Ukraine’s premier sea port last year, increasing cargo by 14.5% yoy, and accounting for 39% for all of Ukraine’s waterborne trade. Odesa region’s Pivdennyi port consolidated its position as Ukraine’s premier sea port last year, increasing cargo by 14.5% yoy, and accounting for 39% for all of Ukraine’s waterborne trade. Ukraine’s ...

To boost cargo on the Dnipro River

To boost cargo on the Dnipro River To boost cargo on the Dnipro River, the Infrastructure Ministry plans to introduce a liberalized regime where captains of foreign flag vessels have to simply email an application for a port call to th...

President Zelenskiy last week signed the law “On Inland Water Transport,”

President Zelenskiy last week signed the law “On Inland Water Transport,” President Zelenskiy last week signed the law “On Inland Water Transport,” legislation that opens the Dnipro to foreign flag vessels and allows for the creation of a dedicated fund to rebuild the locks...

Provided Covid-19 vaccines are distributed extensively, the world economy will rebound this year by 4%

Provided Covid-19 vaccines are distributed extensively, the world economy will rebound this year by 4% Provided Covid-19 vaccines are distributed extensively, the world economy will rebound this year by 4%, nearly recovering from its 4.3% fall last year, predicts the World Bank’s Global Economic ...

Ukrzaliznytsia increased its freight traffic in December by 7.4% yoy,

Ukrzaliznytsia increased its freight traffic in December by 7.4% yoy, Ukrzaliznytsia increased its freight traffic in December by 7.4% yoy, transporting 26.7 million tons of cargo, reports the state railroad’s press service. By another measure, freight turnover was up 4...

As part of the ‘Small Carpathian Circle,’ a mountain driving circuit through Lviv, Ivano-Frankivsk and Zakarpattia regions

As part of the ‘Small Carpathian Circle,’ a mountain driving circuit through Lviv, Ivano-Frankivsk and Zakarpattia regions As part of the ‘Small Carpathian Circle,’ a mountain driving circuit through Lviv, Ivano-Frankivsk and Zakarpattia regions, Lviv region plans to rebuild 75 km of mountain roads this year, including up...

Ukraine ended the year with $29.1 billion in reserves, a 15% yoy increase

Ukraine ended the year with $29.1 billion in reserves, a 15% yoy increase Ukraine ended the year with $29.1 billion in reserves, a 15% yoy increase, the National Bank of Ukraine reported yesterday. The highest level in eight years, today’s reserves are enough to cover five ...

Follow us