Today, March 10, the government in its meeting has canceled a number of documents, thus simplifying the conditions for doing business in Ukraine. It is, above all, the abolition of individual acts that provide state supervision (control) companies. Consequently, members of the Cabinet, this will reduce the number of business inspections and automatically cases of corruption during inspections. “Positive steps there, talking about this businesses. This decision to cancel 367 regulations – 3000 pages requirements to the business,” he wrote […]

In January 2017 the Ukrainian banking system showed a net profit of $ 338 million. Last year in January was a huge minus – 890 million UAH of net loss. Such data are the national Bank of Ukraine and clarifies that we are talking only about solvent banks. “The profitability of the banking system in January 2017 was provided primarily by growth in net interest income by 29.5% (compared to the same period in 2016) to 4 billion 131 million, […]

The government decided to recapitalize two state-owned Bank “Oschadbank“by 4.7 billion UAH, “Ukreximbank” – to UAH 5.4 billion. The Ministry of Finance will issue sovereign bonds with a maturity of up to 15 years in exchange for Bank shares. Shares of additional issue of the “Ukreximbank” will be 9% per annum, “Oschadbank” – 5% per annum. Recall that in early February this year, the Cabinet has taken a decision to recapitalize the two state banks. Then “Oshchadbank” allocated UAH 3.5 […]