Credit-Rating confirms the rating of Odesa at uaАА-, determines investment attractiveness at uaINV5 (the highest level) Credit-Rating confirms the rating of Odesa at uaАА-

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Analysis

03.03.2011

Analysis of the operating environment and general state of the banking system in 2010

Despite the gradual improvements in some sectors of the economy, high liquidity in the banking sector, a stable exchange rate and monetary policy in recent years, the operating environment remains challenging, which may be explained by controversial decisions of judicial and regulatory bodies with respect to foreign currency loans, premature execution of certain obligations, as well as other aspects of banks' cooperation with their customers. The latter can stimulate the process of consolidation in the financial market, including through the intensification of negotiations on the change of owners of individual institutions with foreign capital. Major future changes in the banking sector will primarily concern the operating environment.

 

The article is given in Ukrainian

Viktor Shulik
ведущий финансовый аналитик отдела рейтингов финансовых организаций

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