The credit portfolio of enterprises has increased by almost UAH 30B since the beginning of the war. The credit portfolio of enterprises in hryvnia increased by 5.7% from February 23 to July 1, 2022 – from UAH 519.9B to UAH 549.4B. This was reported by the head of the parliamentary committee on... #CreditPortfolio #DanyloHetmantsev #UkraineBanking
The NBU has reduced the sale of currency from reserves. From July 11 to 15, the net currency sale by the National Bank of Ukraine amounted to $580.7M. Volumes of weekly intervention by the NBU have not been at levels so low since the beginning of May. In t... #CurrencyMarket #CurrencySale #nbu #UkraineBanking
Ukraine wants its own bank for reconstruction and development. Ukraine is considering the possibility of creating a dedicated bank for its economic rebuilding and development through one of the state banks, as reported to UNIAN by the head of the Tax Committee, D... #DanyloHetmantsev #ReconstructionAndDevelopmentBank #ReconstructionBank #UkraineBanking
Ukrainian banks no longer need refinancing from the NBU. The cost of refinancing from the National Bank of Ukraine has increased along with the increase of the key policy rate, which makes such an instrument unattractive for banks, reported Financial Club.... #BankRefinancing #nbu #Refinancing #UkraineBanking
The Ministry of Economy recorded a record demand for 5-7-9% loans. Since May, there has been a record number of requests from businesses for soft loans under the state program Affordable Loans 5-7-9%, which indicates the desire of entrepreneurs to resume business as... #AffordableLoans #LoansforBusiness #UkraineBanking
The Ukrainian banking sector remains profitable. The net operating profit of the banking sector for the four months of 2022 increased by 10%, despite a reduction in this figure in March-April. But due to significant contributions to reserves, the b... #bankingduringwar #nbu #UkraineBanking
The macroeconomic situation and the banking system in Ukraine are stable. Despite the full-scale war of the Russian Federation against Ukraine and the loss of about 30% of the economy due to the shutdown and destruction of many enterprises, the macroeconomic situation and ... #DenysShmyhal #UkraineBanking #UkraineEconomyatWar
PrivatBank reduced the POS-terminals fee to 1.8%. From January 15, the state-owned PrivatBank has set a single basic fee for business customers for acquiring services at outlets (acceptance of payments by bank cards) of 1.8%. According to the press s... #POSfees #POSterminalfee #PrivatBank #PrivatBankUkraine #UkraineBanking
Deposits in Ukrainian banks increased by UAH 12 bln over the past month. On December 1, 2021, the total amount of deposits of individuals in the banks participating in the Deposit Guarantee Fund amounted to UAH 641.2 bln, which is UAH 11.9 bln ($444 mln) more than on Novem... #DepositsinUkraineBanks #UkraineBanking
Banks earned more fees from IGLBs than on loans to households or businesses. For three quarters of 2021, Ukrainian banks earned interest income from securities transactions to the value of ₴41.8 bln ($1.6 bln). At the same time, interest income from lending to individuals was ... #BankinginUkraine #IGLBukraine #UkraineBanking #UkraineGovernmentLending #UkraineSecurityTransactions
Ukrgasbank signs agreements with UAE’s Mashreq Bank for a loan valued at $35 mln. Both banks concluded the first agreement on structured trade financing, according to a recent press statement. The amount of transaction totals about $35 mln, for a term of up to 60 days which will as... #MashreqBank #UkraineBanking #Ukrgasbank
The Ukrainian government to reduce its ownership of banks by 25%, announced the Ministry of Finance. The main goal is to reduce the share of the state in the banking sector to below 25% in 2025. The partnership with IFC and the transformation processes carried out b... #OwnershipofBanks #OwnershipsofBanksinUkraine #UkraineBanking #UkraineBanks
Ukrainian SMEs have ₴58 bln ($2.2 bln) in their accounts. Bank deposits held by Ukrainian SMEs grew by 9% year-on-year to ₴58 bln at the beginning of September, reported Opendatabot.com. This amount is the highest in the last past nine years. In 2012, sole p... #BankDepositsinUkraine #UkraineBanking
Privatization of Oschadbank, Ukrgasbank, and Privatbank to attract investors. This announcement was made by the EBRD Managing Director for Eastern Europe and the Caucasus, Matteo Patrone, speaking to the Voice of America. “The EBRD together with the World Bank is cooperating wi... #Banksprivatization #PrivateBanking #UkraineBanking #UkraineBanksPrivatization
International rating agency Fitch lifts the rating of Ukrainian state banks ratings to “B” (interfax). Fitch confirmed Ukreximbank’s resilience rating to “B-“, and the long-term issuer default ratings (IDRs) of the state-owned PrivatBank, Oschadbank, Ukreximbank, and Ukrga... #FitchRatings #UkraineBanking #UkraineBanksRatings #UkraineRatings
The Deposit Guarantee Fund has completely liquidated 51 of the 97 banks declared insolvent during the 2014-2016 banking crisis, Svitlana Rekrut, Managing Director of the Fund, tells the Kyiv Post. However, assets frozen for a decade have depreciated sharply, presenting obstacles for the Fund to repay its $4.3 billion debt to t... #LiquidatedBanksinUkraine #UkraineBanking #UkraineLiquidatedBankAssets
