Ukraine’s Banking System. Survey of 1Q2010 :: Analysis :: Analytics

Ukraine’s Banking System. Survey of 1Q2010

01.07.2010

Starting from July 2009 the banking sector has been slowly recovering after a sharp downturn. In 1Q2010 the positive trend in banks’ resources retained, with the loans raised from the National Bank and parent companies being gradually substituted with funds from the domestic market. In the first quarter the banks augmented their stocks (some of them required it urgently), and rather cautious lending and investment policy prompted rising of liquidity. A part of accumulated funds has been aimed at repayment of the National Bank’s and foreign lenders’ loans (net foreign obligations decreased over the quarter by UAH12.23bn). Due to changes in operating and regulatory environment, the banks limited transactions in foreign currencies (which respectively affected interest rates) and provided loans mainly in the national currency to legal entities (including those aimed at restructuring their outstanding debts).

The article is given in Russian

Olga Shubina, Andrey Konoplyastiy, Viktor Shulik,


Main » Analytics » Analysis » Ukraine’s Banking System. Survey of 1Q2010
Ukraine’s Banking System. Survey of 1Q2010 01.07.2010 Starting from July 2009 the banking sector has been slowly recovering after a sharp downturn. In 1Q2010 the positive trend in banks’ resources retained, with the loans raised from the National Bank and parent companies being gradually substituted with funds from the domestic market. In the first quarter the banks augmented their stocks (some of them required it urgently), and rather cautious lending and investment policy prompted rising of liquidity. A part of accumulated funds has been aimed at repayment of the National Bank’s and foreign lenders’ loans (net foreign obligations decreased over the quarter by UAH12.23bn). Due to changes in operating and regulatory environment, the banks limited transactions in foreign currencies (which respectively affected interest rates) and provided loans mainly in the national currency to legal entities (including those aimed at restructuring their outstanding debts). The article is given in Russian Olga Shubina, Andrey Konoplyastiy, Viktor Shulik,
© 2002-2024 "Кредит-Рейтинг All rights reserved. All the contents including the style are reserved. For full or partical usage of site's contents the link www.credit-rating.ua required.