Tag: banking system

Ukraine's banking system: what has changed in the past week

bank, money, loot, finance, cash

The country's banking system continues to function despite the dire circumstances it finds itself in. Yegor Zelinsky on the Kurs website outlines the most significant changes that have occurred over the past week. 1. Banks have begun raising interest rates on deposits. Ukrainian banks have responded to the increase in the key rate…

Banking secrecy in Ukraine

Why isn't the government liberalizing the banking market? In its 2021 forecast, ratings agency S&P identifies three main risk factors for developing country banking systems: deteriorating asset quality as regulatory easing is withdrawn, geopolitical factors, and investor sentiment. Published on…

Tymoshenko accused Poroshenko of destroying banks for personal gain.

The Censor newspaper published a statement in which Yulia Tymoshenko, leader of the Batkivshchyna party, accused the Ukrainian President's business partners of creating a criminal scheme aimed at destroying the country's banking system and embezzling large sums of money. According to her, the uncovering of this scheme was the root cause of a "colossal, dirty..."