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Ukrainian Banking Sector Recovers
According to Raiffeisen Research, the important of foreign banks in the Ukraine is decreasing. Due a decrease in provisions, the profitability of the banking sector goes up.
Ukrainian Banking Sector Recovers / Picture: © Vindobona.org
Loan dynamics has been seasonally weak in January, while tapering off depreciation expectations stimulated the build-up in hryvnia deposits. Total loans grew 0.4% in January, while yoy loan growth accelerated from 2% at end-2012 to 3.2% at the moment. CO lending dynamics has been subdued (0.4% mom increase), reflecting the seasonal slowdown in the…
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