Credit-Rating confirms the rating of Odesa at uaАА- The rating of Odesa confirms at uaАА- The rating of Odesa confirms at uaАА-

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Analysis

14.08.2009

Review of Ukraine's banking sector in 2Q2009

In the current  year the banks have been mainly affected by the following factors:

  • regulator's monetary and credit policy, which restricted liquidity and credit activities of the institutions;
  • eroded quality of banks' working assets, which has been a reason for unprofitable performance of a number of banks;
  • positive decisions on recapitalization of certain banks by the state;
  • rising population's confidence to the banking system, and gradual backflow of population's funds to the sector.

 

The article is given in Russian

 

 

Viktor Shulik
ведущий финансовый аналитик отдела рейтингов финансовых организаций

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