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Ukraine: Tough Market for Foreign Banks

Published: February 11, 2014; 14:13 · (Vindobona)

The coming two years will be challenging for foreign banks operating in Ukraine.

Ukraine: Tough Market for Foreign Banks / Picture: ©

According to a high-ranking official, Western European banks do not have many reasons for cheerfulness in Ukraine. “In regard to the next two years, the outlooks are gloomy. Western banks will have difficulties making mony,” Oleksandr Suhonjako, head of the banking union AUB, told the Austrian Press Agency (APA) in an interview.

“Following the logic, this could force…

This article includes a total of 281 words.

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