The Deposit Guarantee Fund of Ukraine has extended the terms of liquidation of PJSC BG Bank and PJSC Cambio, the Fund’s press service reports. “The Executive Directorate of the Deposit Guarantee Fund approved a decision to extend the term of liquidation of PJSC Cambio for one year, from March 2, 2018 until March 1, 2019…
The Deposit Guarantee Fund continues payments to the depositors of JSC Delta Bank from February 5, the fund’s press service reports. “From February 5 till March 19 the Deposit Guarantee Fund will carry out payments to the depositors of JSC Delta Bank,” reads the report. According to the Deposit Guarantee Fund, to obtain deposit refunds…
Average wholesale market price of electricity on the wholesale market of Ukraine in 2017 grew by 2.9% or by UAH 209.95 per MWh compared with 2016, from UAH 1,315.03 to UAH 1,353.27 per MWh. According to the state-owned enterprise Energomarket, the average wholesale market price grew due to a rise in the average selling price…
International Monetary Fund (IMF) Resident Representative in Ukraine Goesta Ljungman says the IMF estimates the growth of Ukraine’s economy in 2017 at 2% and forecasts an increase by 3-3.5% in 2018. Ljungman said that there was a definite resumption of economic growth. “Last year it was 2%. In 2018 it will increase by about 3-3.5%,”…
The sales of new cars in Ukraine in January increased by 40.6% YoY, to 6,620 units, which was a new post-crisis record for this month, according to AUTO-Consulting. According to analysts, such a rapid increase in sales was due to the exchange rate “fever”, which forced consumers to make faster decisions about the purchase of…
The public joint-stock company Centrenergo cut electricity generation by 36.2% in 2017, to 6.285 billion kWh. According to data from the Energy and Coal Industry Ministry of Ukraine, generation by Vuhlehirsk thermal power plant (TPP) was 4.134 billion kWh (down by 15.3% YoY), Zmiyivska TPP – 1.322 billion kWh (-42%) and Trypillia TPP – 829.29…
The total amount of state and state-guaranteed debt in hryvnias as of December 31, 2017 has grown by UAH 2.142, to UAH 2.142 trillion, according to the Ministry of Finance of Ukraine. This is an 11% growth compared to the amount recorded in the previous reporting period. The state and state-guaranteed debt in the dollar…