The number of bank branches in Ukraine in the first quarter of 2017 decreased by 305 units, the press service of the National Bank of Ukraine (NBU) reports. As of January 1, the number of structural branches of banks in Ukraine totaled 10,316, and as of April 1, the number decreased to 10,011. In particular,…
Debt of solvent banks to the National Bank of Ukraine (NBU) for refinancing loans totals UAH 15.2 billion, and this is UAH 7.7 billion less than earlier this year, the central bank has reported on its website. The NBU said that on April 4, Oschadbank (Kyiv) earlier repaid its debt, returning UAH 2 billion. A…
Prime Minister of Ukraine Volodymyr Groysman says that the Cabinet of Ministers is trying to promote the creation of private small farms, which will ensure economic growth and will stimulate the development of Ukraine. “We want to offer the following: to lift a land moratorium so that only Ukrainian citizens can buy and sell agriculture…
The Food and Agriculture Organization of the United Nations (FAO) has decided to update its list of potential local and regional suppliers of agricultural goods and equipment. According to a press release of FAO, it is planned to create the register of suppliers of certified seeds, including potatoes, other vegetable, garlic, grama grasses, materials for…
State-run Oschadbank (Kyiv) has paid refinancing loans received from the National Bank of Ukraine (NBU) in full: on April 4, the bank paid the remaining UAH 2 billion. According to a press release of Oschadbank, from November 2008 through June 2014 the bank raised refinancing loans for UAH 19.9 billion from the NBU. The funds…
Revenue of Ukraine’s national budget in January-March reached UAH 174.74 billion. This is 10.6% or UAH 16.7 billion more than the target, Ukraine’s State Treasury Service has reported. Revenue grew by UAH 45.58 billion or by 35.3% YoY. In March alone the budget saw UAH 62.69 billion of revenue. This is 13.3% or UAH 7.37…
Ukrainian flour exports hit a 20-year high of over 340 KMT in the 2015/2016 season. As expected, the upward trend in flour supplies from the country continued into MY 2016/2017. Global trends also contribute to growth of flour exports. The world’s demand for flour has increased by 15-20% over the last 4-5 years. Noteworthy is…