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15.06.2009

Analysis of Ukraine's banking sector in 1Q2009


The banks have been mainly affected by the following factors:

  • decline in macroeconomic indicators and adversities in a number of economy sectors, which has prompted a considerable erosion in the quality of banks' working assets;
  • volatility in the currency market and growing administrative pressure on financial institutions;
  • retaining poor confidence of domestic and foreign investors to the banking system and unsolved issues regarding state support of financial institutions.

 

The article is given in Russian

 

Viktor Shulik
ведущий финансовый аналитик отдела рейтингов финансовых организаций

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