Ukraine and the EBRD plan to increase investment in energy and infrastructure by €325M. Ukraine and the EBRD discussed the possibilities of expanding investment in energy and infrastructure projects. “With the help of the EBRD, we hope to unblock private investments in renewable en... #ebrd #EnergyInfrastructure #investments #PrivatBank #Ukrgasbank #YuliyaSvyridenko
Hungarian OTP Bank is considering the privatization of the Sense Bank. Hungarian group OTP Bank Plc. is interested in buying Sense Bank, which the state nationalized in the summer of 2023. EP sources confirmed that foreign banking groups are interested in privatizing two... #Banksprivatization #DragonCapital #OTPbank #SenseBank #UkrainianBanks #Ukrgasbank
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
State banks have begun to insure vessels that export goods through the sea corridor. State-owned Ukreximbank and Ukrgasbank, at the request of the Export Credit Agency, issued letters of credit for $10M each in favor of a pool of 14 British insurance companies to reduce the cost of in... #BlackSeaCorridor #ExportCreditAgency #InsuranceUkraine #UkrainianShipInsurance #Ukreximbank #Ukrgasbank
Ukrainians are increasing their government bond investments. In 2022, the population’s share of the OVDP portfolio increased by ₴5.1B, and in 2023, it increased by ₴20.9B to ₴51.2B. The simplification of purchasing OVDP bonds facilitated this trend. Until recen... #BondsUkraine #DiiaAppUkraine #financeUkraine #OVDPselling #SenseBank #Ukrgasbank
Another Ukrainian bank, with the support of the German government, is launching a new grant program for businesses. Ukrgasbank and German financial group DSIK have agreed on the joint implementation of the Access to Financing and Support for the Sustainability of MSMEs in Ukraine 2 project. Financing and grant supp... #DSIK #GrantsForBusiness #LoansforBusiness #Ukrgasbank #бізнесвУкраїні
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
State-owned Ukrgasbank increased its net profit by four-fold. In January-February 2023 Ukrgazbank netted UAH 489M in profit, which is four times more than in January-February last year, the bank reported. It is noted that the volume of net assets increased for J... #Ukrgasbank #UkrgazbankProfits
MIGA will provide three Ukrainian state banks with up to $10M in guarantees for EBRD trade financing. The Multilateral Investment Guarantee Agency (MIGA), as part of a joint project with the European Bank for Reconstruction and Development (EBRD), will provide state-owned Ukrgasbank, Ukreximbank, and ... #MIGA #OschadbankUkraine #Ukreximbank #Ukrgasbank
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
