How have Ukrainian bank deposit portfolios and investment returns changed? According to the year’s first half results, as of June the financial institutions with the two largest deposit portfolios were Privatbank (₴490.83B) and Oschadbank (₴201.4B). Also among the lead... #BankDepositsinUkraine #financeUkraine #InterestRate #nbu #oschadbank #PrivatBank #PUMB #UkrainianBanks #UniversalBank
Founders of industrial parks are eligible to receive ₴150M from the state for infrastructure development. The Ministry of Economy agreed to cooperate with Ukreximbank through the State Stimulation of the Creation of Industrial Parks program. Oschadbank and Ukrgazbank plan to join the program soon. The pro... #IndustrialPark #infrastructureUkraine #oschadbank #SupportBusiness #Ukreximbank #ukrgazbank
The construction of one GW of power generation will cost $700M, and Ukraine needs to attract international financing for energy projects. “Investment projects for the construction of one GW of electricity will cost from $700M using gas piston or gas turbine technologies and up to $1.5M for, for example, wind power,” said Osc... #ElectricityDeficitUkraine #ElectricityGeneration #EnergyRestore #energyukraine #oschadbank
The EBRD provides a €200M guarantee for business lending. The EBRD has provided Oschadbank with a limit for the portfolio mechanism for risk distribution of €50M. This will generate an additional €200M in new financing for Ukraine’s private sector. The EBRD ... #BusinessSupport #CreditRisk #ebrd #LendingInUkraine #LoansforBusiness #oschadbank
Oschadbank will join in the construction of a 520 MW wind power plant in western Ukraine. The state bank will take part in implementing a project from the Friendly Wind Technology company to construct a wind farm with a capacity of 520 MW in the west of Ukraine, said the deputy chairman of... #FriendlyWindTechnology #GreenENergy #oschadbank #RESinvestments #WindEnergyUkraine
The government is simultaneously preparing two new financial support mechanisms for Ukrainian arms manufacturers. Ukraine’s military-industrial complex currently consists of 500 defense companies, 80% of which are private. Before the full-scale war began, private companies occupied 20% of the market. In 2023, Ukr... #DefenseIndustryUkraine #DefenseTechnology #oschadbank #UkraineMilitaryIndustry
Energy leads the ranking of the best businesses in Ukraine by turnover. The Opendatabot has published a new rating based on its index, which includes Ukrainian enterprises with the highest turnover and impeccable business reputations. The energy sector was recognized as t... #energyukraine #oschadbank #PrivatBank #PUMB #UkrainianBanks #UkrainianEnterprises #бізнесвУкраїні
Moody’s updated its forecast for the largest Ukrainian banks. International rating agency Moody’s confirmed the long-term and short-term ratings of Privatbank, Oschadbank, Ukreximbank, Raiffeisen Bank, Taskombank, Vostok and Pivdenny banks in hryvnia and f... #financeUkraine #Moodys #oschadbank #PrivatBank #RaiffeisenBank #UkrainianBanks
Privatization of state banks can start even before the end of the war. The privatization of state-controlled banks, whose number has increased to five and with a market shareof 56%, can be started even before the end of the war, according to the deputy head of the NBU, K... #KaterynaRozhkova #nbu #oschadbank #PrivatizationUkraine #UkraineBanksPrivatization #Ukrgasbank
Ukrainian banks increased earnings by 100% compared to the last pre-war year. Through ten months of the year, Ukrainian banks earned ₴122.7B, more than twice as much as in the corresponding period of 2021, when their collective profit was ₴58.35B. State-owned PrivatBank and Osc... #oschadbank #PrivatBank #PUMB #RaiffeisenBank #UkraineBanksProfits #UkrainianBanks
Since the beginning of the year, banks have issued ₴82B in affordable business loans. Last week, 589 entrepreneurs received ₴2.4B in loans under the government program Affordable Loans 5-7-9%. Since the beginning of the year, banks have issued 22,400 business loans for ₴82B. PrivatBank... #5-7-9loanprogram #AffordableLoansUkraine #BankLoans #oschadbank #PrivatBank
Fitch changed the ratings of two Ukrainian state banks. The international rating agency, Fitch Ratings, raised the stability ratings of two state banks of Ukraine – Oschadbank and Ukrgasbank – and confirmed the rating of another state bank R... #FitchRatings #oschadbank #UkrainianBanks #Ukreximbank #Ukrgasbank
Oschadbank will start accepting applications for new business grants in July. Beginning July 1, the State Savings Bank will begin accepting applications from Ukrainians for microgrants of up to UAH 250,000 for a new business or the development of an existing business. Accordin... #Grants #GrantsForBusiness #oschadbank
The State Savings Bank Oschadbank has resumed lending for the purchase of cars. Ukrainian customers can now use the Savings Drive program again. Loans are provided for the purchase of new vehicles, including electric vehicles with interest rates from 0.01% per annum. “Grow... #CarLoans #CarLoansUkraine #oschadbank
Oschadbank is issuing UAH 200M in loans to farmers every day. Over the past week, Oschadbank has been lending more than UAH 200M to one hundred agricultural enterprises every day. “Today, the portfolio of farming loans has exceeded UAH 2.4B ($80M). Every fifth b... #farmingukraine #LoansforFarmers #oschadbank
State-owned Oschadbank ended the first quarter with a profit. The State Savings Bank ended the first quarter of 2022 with a profit: a positive financial result of UAH 243.6M ($8.1M). Compared to the same period last year, when profit figures amounted to UAH 252... #oschadbank #OschadbankProfits
Oschadbank has started lending to farmers for the sowing season. According to the bank, Ukrainian farmers will receive up to 80% of loans secured by state guarantees and loans at 0% for the period of martial law and during the first month after its termination. Th... #LoansforFarmers #oschadbank #sowingseason2022 #UKraineFarming
Ukrainian banks have calmly met the outflow of deposits, reported Forbes.ua. Due to the deterioration of the information environment in January, there was a moderate outflow of deposits, up to 5% of the total, out of which one-third can be explained by seas... #AlfaBank #oschadbank #outflowdeposits #PrivatBank #ReiffeisenBankUkraine
Oschadbank launched a smartphone cash register. State-owned bank Oschadbank has launched its software for receiving payments via the OschadPAY mobile app. The bank offers a single tariff for using OschadPAY – 1.7%. This is the first Ukrainian... #oschadbank #OschadPay #OschadPayapp
Odesa coffee plant is up for sale at a Dutch auction. Oschadbank will sell a coffee plant in the Odessa region at a Dutch auction for the first time. The State Savings Bank has put the right of monetary claim for sale under a loan agreement with Ukrkava ... #oschadbank #UkrKava #UkrKavaforSale
PrivatBank and Oschadbank to approve plans for their privatization. The two state-owned banks must adopt “roadmaps” for partial or full privatization in cooperation with the Ministry of Finance. To reduce the state’s share in banks to 25%, PrivatBank... #oschadbank #PrivatBank #privatization
Oschadbank put up for sale a margarine factory and a residential building in the center of Kyiv. The auction will be held on December 9 on the OpenMarket site to sell two assets. The first asset for sale is a residential building in Kyiv with a total area of 1,214 square meters, with a starting p... #oschadbank #PropertyAuctionUkraine #PropertyforSaleUkraine
Oschadbank made the first step toward Privatization, said the European Bank for Reconstruction and Development (EBRD) in a recent press release. The EBRD and Oschadbank, Ukraine’s state savings bank, today agreed today to work together towards a pre-pri... #oschadbank #OschadbankPrivatization #OschadbankUkraine
Oschadbank to borrow €100 mln from the EBRD. The funds will come in the form of a subordinated loan with the possibility of conversion into shares, reported the Ministry of Finance. The bank officials agreed to work in accordance with the develo... #ebrd #ebrdukraine #oschadbank
Oschadbank’s plan to disburse UAH 2.776bn has been approved by the Cabinet of Ministers . UAH 832.897 million (30%) will be allocated to the state Budget for the payment of dividends, UAH 1.8 billion (65%) to cover the accumulated losses of previous years, and UAH 138.8 million (5 %) wil... #oschadbank #OschadbankDividents
Oschadbank, Ukraine’s second largest bank, plans to appeal Tuesday’s decision by the Paris Court of Appeal that it lacks jurisdiction to arbitrate the 2014 seizure by Russia’s Sberbank of Oschadbank’s assets in Crimea. State-owned Oschadbank seeks $1.3 billion in compensation. #BankingUkraine #oschadbank #Sberbank
