In the third quarter of 2021, state-owned banks sealed a profit of UAH 11.6 billion (nearly $424.4 million), up by 7.6% QoQ. Of the total profit, 82.9% (UAH 9.6 billion, or $351.2 million) is that of PrivatBank. In the third quarter, banks continued to expand lending services. Compared to July 1, the loan portfolio of…
The Ministry of Energy of Ukraine states that the second phase of cooperation with the Eastern Europe Energy Efficiency and Environment Partnership (E5P) will help Ukraine attract EUR 137.5 million for energy efficiency projects. “The E5P size for Ukraine is EUR 137.5 million, which can be used along with loans from international financial institutions to…
Deputy Minister of Foreign Affairs of Ukraine (CDTO) Dmytro Senik presented the economic potential of Ukraine to the leadership of the Oman Chamber of Commerce and Industry. “The visit of the Ukrainian business mission to the Sultanate of Oman, which began on December 6, is provided by the Exporters and Investors Council (EIC) under the…
In November, 1,429 new commercial vehicles were purchased and registered on the Ukrainian market, up 1.5-fold YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). Citroen vehicles experienced the biggest demand in November. Ukrainians purchased 272 commercial vehicles of this brand, up almost 3-fold. The second in terms of sales was Renault (234 vehicles…
In 2022, UAH 140 billion or 9.4% of all expenditures of the state budget will be invested in Ukraine’s economic development, Prime Minister Denys Shmyhal has written on Facebook. “It is also worth noting that over the past ten years, no budget has been provided for such a volume of capital expenditures as it will…
In January-September, Ukraine exported more than 10,000 tons of apples to 65 countries, Head of the State Service on Food Safety and Consumer Protection Vladyslava Mahaletska said at the conference “Fruits and Vegetables of Ukraine 2021”. “Work on opening new markets requires constant and systematic efforts of many government agencies and businesses. This is one…
Before the end of 2021, in cooperation with the Ukrainian Ministry of Finance, PrivatBank and Oschadbank must adopt roadmaps for their partial or full privatization, the press service of the National Bank of Ukraine (NBU) reports. “According to the Memorandum on Economic and Financial Policy, to further reduce the state’s share in banks, PrivatBank and…