DirectorofPrivatbank

Friday, January 22

After this week’s cold weather, ice breakers started work yesterday

After this week’s cold weather, ice breakers started work yesterday After this week’s cold weather, ice breakers started work yesterday in Ukraine’s four most affected ports: Bilhorod-Dnistrovs’kyi, Kherson, Mykolaiv and Olvia.

Despite the coronavirus lockdowns, retail trade increased last year by 8.4% yoy in real terms

Despite the coronavirus lockdowns, retail trade increased last year by 8.4% yoy in real terms Despite the coronavirus lockdowns, retail trade increased last year by 8.4% yoy in real terms, rep orts the State Statistics Service. Fastest growth regions were: Kyiv – 19%; Zaporizhia – ...

Ukraine’s economy contracted by 4.4% in 2020 — far less than the estimates of 6-7% made last May

Ukraine’s economy contracted by 4.4% in 2020 — far less than the estimates of 6-7% made last May Ukraine’s economy contracted by 4.4% in 2020 — far less than the estimates of 6-7% made last May, when the country was still in a severe lockdown, reported the National Bank of Ukraine. Despite ...

The Central Bank board decided yesterday to key Ukraine’s prime interest rate at 6%

The Central Bank board decided yesterday to key Ukraine’s prime interest rate at 6% The Central Bank board decided yesterday to key Ukraine’s prime interest rate at 6%, the level it reached last June. In the 15 months prior to June 2020, the National Bank of Ukraine cut prime by two ...

Eying inflation, the Central Bank warned that if inflation increases, “

Eying inflation, the Central Bank warned that if inflation increases, “ Eying inflation, the Central Bank warned that if inflation increases, “the National Bank will raise the discount rate. This will curb the acceleration of inflation in 2021 and return it to 5% in 2022....

Average borrowing costs for businesses dropped by 45% over the last year

Average borrowing costs for businesses dropped by 45% over the last year Average borrowing costs for businesses dropped by 45% over the last year, Kyrylo Shevchenko, Governor of the Central Bank, told reporters yesterday. “As for the cost of loans for businesses in the nat...

The contract of Petr Krumphanzl, Chairman and CEO of PrivatBank, expires tomorrow

The contract of Petr Krumphanzl, Chairman and CEO of PrivatBank, expires tomorrow The contract of Petr Krumphanzl, Chairman and CEO of PrivatBank, expires tomorrow. While the Board looks for a successor, leadership of Ukraine’s largest and most profitable bank will go to Anna Samar...

President Biden should bolster “US support for Ukraine in order to get the country back on the reform track,”

President Biden should bolster “US support for Ukraine in order to get the country back on the reform track,” President Biden should bolster “US support for Ukraine in order to get the country back on the reform track,” Andy Hunder, president of the American Chamber of Commerce in Ukraine, urges in a new essa...

“The top priorities of the Biden administration’s Ukraine policy must be to curtail Russian aggression, reduce corruption, and contain the oligarchs…

“The top priorities of the Biden administration’s Ukraine policy must be to curtail Russian aggression, reduce corruption, and contain the oligarchs… “The top priorities of the Biden administration’s Ukraine policy must be to curtail Russian aggression, reduce corruption, and contain the oligarchs…What Ukraine’s shady oligarchs fear most of all is ...

Turkey’s Doğuş İnşaat ve Ticaret A.Ş submitted a winning $402 million bid

Turkey’s Doğuş İnşaat ve Ticaret A.Ş submitted a winning $402 million bid Turkey’s Doğuş İnşaat ve Ticaret A.Ş submitted a winning $402 million bid to win Ukravtodor’s tender build a 1.7 km cable suspension bridge across the Dnipro at Kremenchuk, Poltava oblast, the state h...

Qatar’s state-owned power development company, Nebras, is buying control of 214 MW of Ukraine solar and wind plants

Qatar’s state-owned power development company, Nebras, is buying control of 214 MW of Ukraine solar and wind plants Qatar’s state-owned power development company, Nebras, is buying control of 214 MW of Ukraine solar and wind plants from Vasyl Khmelnytsky and his partners, according to a filing with Ukraine’s Antimo...

Germany’s shipping giant Hapag-Lloyd AG is launching three container trains from Odesa – to Dnipro, to Kyiv and to Kharkiv.

Germany’s shipping giant Hapag-Lloyd AG is launching three container trains from Odesa – to Dnipro, to Kyiv and to Kharkiv. Germany’s shipping giant Hapag-Lloyd AG is launching three container trains from Odesa – to Dnipro, to Kyiv and to Kharkiv. Each ‘block train’ will leave Odesa three times a week with 30-45 containers...

Ukrzaliznytsia carried 16 million passengers on long distance trains last year, 30% of the volume of 2019.

Ukrzaliznytsia carried 16 million passengers on long distance trains last year, 30% of the volume of 2019. Ukrzaliznytsia carried 16 million passengers on long distance trains last year, 30% of the volume of 2019. About 15% of passengers traveled on the elite Intercity and Intercity + high-speed trains, th...

Ukraine cut its coal import bill last year by 40% yoy, to $1.7 billion

Ukraine cut its coal import bill last year by 40% yoy, to $1.7 billion Ukraine cut its coal import bill last year by 40% yoy, to $1.7 billion, reports, the State Customs Service. Ukraine cut its volume of imported coal by 22%, to 17 million tons. In dollar terms, the top...

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