As foreign banks enter our market we face significant growth of the volume of economy finance

Andriy Zymukha, Head of Strategic Planning Unit, JSCIB “UkrSibbank”

Ukrainian banks with foreign shareholdings obtain several additional competitive advantages, such as:

• low cost of resources;
• higher reliability at the expense of growing capital base, increasing liquidity and solvency figures, as well as improving assets quality;
• advanced technologies;
• wider product offer;
• extensive experience in international deals;
• efficient management.

As foreign investors enter our market, we face the growth of economy finance alongside with new product offers becoming available for all client categories, people tend to deposit their cash with the banks and consequently, the cash flows into economy, and lately this process has been accelerated.