- 04.03.2010
- Credit-Rating: Ukrainian Banking System - Reverse Moving
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Credit-Rating has today published review of Ukraine’s banking system for 2009. The review features assessment of the banking sector, quality of assets and resources, and risks inherent for Ukrainian banks. Credit-Rating thinks that the aggressive lending policies and struggle for the market share during the past years, the quasi-hedging of own currency-related risks by transferring them to the borrowers had adverse impact on the banking system...

- 03.03.2010
- Credit-Rating publishes review of Ukraine’s economy in January 2010
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Credit-Rating has today published review of the state of Ukraine’s economy in January 2010, which gives assessment of the real and of financial sectors of economy, balance of payments, currency and stock markets, state debt policy and budget sector. Credit-Rating notes that the revival in the real economy sector was fueled not only by resumption in the industrial sector, but primarily by growth of economic activities at certain companies, and by low comparison benchmarks of the previous year...

- 02.03.2010
- Credit-Rating estimates actual decline in premiums of classic insurance at 30%
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Credit-Rating has today published report titled ‘Insurance Market: Will a General Cleaning Spur Rise in Confidence’, which evaluates market trends in classic (not scheme) insurance. The agency estimates decline in volume of premiums in classic insurance sector at not less than 30% in 2009, considering total inflation rate...

- 17.11.2009
- Credit-Rating: NBU’s actions still inefficient for recovery
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Credit-Rating notes that the NBU’s decree #650 dated Nov. 3, 2009 titled ‘On stimulating lending in Ukraine’s economy’ will not help the national economy recover, since it is not aimed at providing banks with resources, but lowers creditworthiness requirements for financial institutions by liberalization of procedures of reserving and setting economic standards...

- 14.08.2009
- Credit-Rating: Retaining negative trends in Ukraine’s banking sector
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No changes to better shaped main development trends of Ukraine’s banking sector for 2Q2009, specifically outflow of legal entities’ funds, eroded asset quality, and, consequently, rise in number of trouble banks. However, this period has also saw some positive changes: decisions to recapitalize certain banks by the state, which has already been performed in 3Q2009...

- 13.07.2009
- Natural Insurance Selection
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In Credit-Ratings view, an actual decline in insurance sector was recorded at over 30% as compared with 1Q2008. In the sector of motor insurance (Motor Hull Insurance and Mandatory Insurance of Civil Liability of Drivers), which recently represented key premium generators, the actual decline is around 40-45% by Credit-Ratings assessments...

- 12.06.2009
- Credit-Rating: Trends in Ukraine`s banking sector to retain
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The deepening economic crisis has prompted adversities in the banking sector, erosion in credibility of a number of banks and almost full halt in lending. The banks` solvency has significantly been maintained by the regulator, albeit there have been set no conditions for recovery in the sector...

- 30.04.2009
- Credit-Rating: repayment of communal heat suppliers’ debts with the local budget funds may prompt lowering municipal ratings
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In Credit-Ratings view, the fact that Ukrainian cities attract borrowed funds for repayment of debts accrued for natural gas supply may prompt uncontrolled rise in debt burden of local budgets. The payment procedures for natural gas has been approved by the Governments decree #392 dated April 22, 2009, according to which the cities should raise special-purpose loans via issuance of exchange bills and further transfer the funds to heat suppliers so that would repay their indebtedness towards NAK Naftogaz...
