In April, the profit of Ukrainian banks amounted to 6.6 billion hryvnias, and for the four months of 2021 – 17.538 billion hryvnias. NBU data from Friday, May 21 testify to it.
The total income of banks in January-April reached 80.103 billion hryvnias, expenses – 62.565 billion hryvnias.
At the same time, interest income amounts to UAH 51.421 billion, expenses – UAH 16.913 billion, commission income – UAH 26.858 billion, commission expenses – UAH 10.029 billion.
In January-March, banks received UAH 10.9 billion in net profit, which is 32% less than in the same period last year, when the banking sector earned more than 16 billion. The main factor holding back the growth of the sector’s profitability in the first quarter value of securities.
Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
Next year, Ukraine may face a number of macroeconomic risks that will greatly affect economic growth. The Ministry of Finance listed these risks. In particular, Ukraine may lose 0.6-0.8 percentage points of GDP growth due to too low grain yields, due to which the budget will not receive UAH 8.5 billion. At the same time, […]
The low-cost airline Ryanair plans to expand in Ukraine if the open skies agreement with the EU is approved in the coming months. CEO Michael O’Leary stated this. O’Leary predicts the signing of an agreement between Ukraine and the EU by the end of 2021. “One of the markets I would single out is Ukraine. […]
Ukraine plans to privatize 737 state-owned enterprises during 2021-2023. The Ministry of Economy published the list of objects for sale. Although some companies will be able to sell only after the amendments to the legislation. In particular, such large enterprises as Centerenergo, the United Mining and Chemical Company, Turboatom, the Zaporizhia Titanium and Magnesium Plant, […]
Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]
The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]
September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects. In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]
The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]
Deposit Insurance Fund (DIF) in the period of the interim administration and liquidation of insolvent Delta Bank recognized as negligible 175 deals worth 22.292 billion UAH. According to the DIF, in particular, to 11 business transactions, including the sale of the assets with the discount, or related parties, transaction of 12.2 million UAH were recognized […]Next
2017 was marked by many interesting and significant events for Switzerland. They relate to science, culture, and the social life of the country, and have become important and notable for both Switzerland and for Ukraine. 1. We celebrate the 25th anniversary of the establishment of Ukraine-Switzerland diplomatic relations in 2017. Both sides undoubtedly appreciate well-established […]Next
Egypt is losing about $ 14 million a day due to the blockade of the Suez Canal by the giant container ship Ever Given. The head of the Suez Canal Osama Rabi in an interview with eXtra News stated this. It is difficult to calculate the exact amount of losses, as the fees that Egypt […]Next
The American technology company Nvidia is approaching to the agreement to purchase the British chip manufacturer Arm from the Japanese SoftBank. Bloomberg was told by familiar with particular situation Sources. Similar information was also reported by the interlocutors of The Wall Street Journal and the Financial Times. Bloomberg sources said, the operation may be announced […]Next
The Walt Disney Company has decided to invest in the creation of successful new cable channel called Viceland, which involve “fresh” audience and raise ratings. A few weeks after the initial investment, Disney has doubled the amount of investment in a digital media company Vice Media; as a result of the total transaction amount is […]Next
The Russian office of the Swedish cosmetics company Oriflame suffered a series of cyberattacks, after which passport scans of 1.3 million Russian customers entered the network. The publication reports that as a result, passport data were put up for sale on the hacking forum RaidForums. “Passport scans of not only Russians, but also clients of […]Next
In Lausanne (the Swiss city) took place the final of the international start-up competition Seedstars Summit 2016 in which the best tourist startup in the world was chosen. The main prize, the investment of up to $ 500,000 received the Ukrainian company TripMyDream. The team fought for the title of winner among the ten finalists, […]Next
Back in 2016, Apple CEO Tim Cook called augmented reality (AR) a “new big market” comparing its size to the smartphone market. According to most analysts, Apple smart glasses will be a new wearable device sold as an additional gadget to the iPhone. Apple itself does not give any details or disclose plans about its […]Next
Ukraine plans to attract $ 5 billion in investments this year. Deputy Minister of Economic Development Iryna Novikova stated this at the Ukraine 30 business forum. The Ministry of Economy believes that this amount of investment will be able to attract thanks to concessions, support for large investment projects and industrial parks. Thus, Novikova noted […]Next
Nordea, the €190bn (£135.6bn) Scandinavian fund manager, has become the first major investor to signal it is preparing to sue Volkswagen over the carmaker’s manipulation of emissions tests. Nordea Asset Management told reporters over the weekend that it planned to join “several different class actions” against Volkswagen. The emissions fixing scandal has left investors with billions of […]Next
Former head of Ukrzaliznytsia Volodymyr Zhmak filed a lawsuit demanding that the company’s order to terminate his employment contract be declared illegal. This was reported by Interfax-Ukraine with reference to the materials of the court proceedings №2 / 761/9699/2021, which were published in the Unified Register of Court Decisions. Zhmak asks to reinstate him as […]Next
Problems with the supply of the AstraZeneca vaccine to the European Union are partly because the contract plant in the Netherlands has not yet delivered a single dose, the Financial Times reported on March 14. The Leiden plant is one of the main producers of the active substance of the vaccine, along with the plant […]Next
Director of the Regional Office of the World Health Organization Hans Kluge expressed doubts about the effectiveness of vaccines COVID-19. He believes that it will not put the end to the pandemic coronavirus. This was reported by the Daily Star. I keep hearing, “The vaccine will end the pandemic.” No! We don’t even know if […]Next
In autumn 2008, when the companies did not seem to take care about participation in associations, an absolutely new union, unique both regarding a format and essence, appeared at the real estate market of Kyiv. It is the union that, for a decade, has been successfully helping to solve the most topical issues in the […]Next
“Ukrsotsbank” obtained the criminal case against the “Creative”, – reported Finclab. In “Ukrsotsbank” commented that on January 14, 2016 by investigators of the National Police was opened a criminal case (№12016100000000014, Article 191 part 5) on the fact of abuse of office and embezzlement of “Ukrsotsbank” in large-scale by employees of agricultural holding “Creative”. According […]Next
Antimonopoly Committee of Ukraine allowed the company Uniline finance to gain control of six agricultural companies in Dnipropetrivsk and Zaporizhzha regions. Based on the received permission, the company Uniline finance Ltd. (British Virgin Islands) is going to acquire more than 50% of the shares of Astev Investment Company (Cyprus). According to the AMCU, the online […]Next