Ukraine: labor migrants transfer $12 billion in 2019

The National Bank of Ukraine (NBU) said Ukrainian labor migrants transferred about $12 billion to the country in 2019. “The favorable situation in the forex market for most of 2019 was determined by good export performance, which was supported by a relatively good pricing environment in foreign markets; record agricultural productivity; moderate growth in goods…

Ukraine: Oschadbank and PrivatBank join state program on affordable loans

The Entrepreneurship Development Fund has signed agreements with JSC Oschadbank and PJSC CB PrivatBank on the implementation of the state program “Affordable Loans at 5-7-9%”, according to the Finance Ministry. “On January 31, Oschadbank signed an agreement with the Entrepreneurship Development Fund to participate in the state program ‘Affordable Loans at 5-7-9%,” reads the report.…