Ukrainian Globalist

Savings Bank of Russia June 8, 2010 officially declared that he wanted to buy in Ukraine’s financial structure of the top ten. The day before on the financial market rumors that the Russians may be sold to Raiffeisen Bank Aval, which ranked fourth in assets and is valued by analysts at $ 2 billion.

(more…)

Hryvnia has remained stable against the U.S. dollar. At the same time in the last three months the rate is kept at a level below 8 UAH / USD. Exchange rate fluctuations are almost invisible, in May, the value of the course thrilled at around 7,92-7,93 UAH / USD. In such circumstances, banks are almost lost one of the main sources of income – income from foreign exchange.

(more…)

Against the backdrop of recent political events and global warming in the Russian-Ukrainian relations major banks in Russia are interested in expanding its subsidiaries in the Ukrainian market. The recent rumor about the intention of “Savings Bank” buy “Raiffeisen Bank Aval” has caused a major stir, but the press center of “Aval” refuted this information. In turn, management of “Savings Bank” does not deny the possibility of buying a bank in Ukraine, Director of Strategy of the Russian Savings Bank Dmitry Tarasov: “We are interested in objects for acquisitions of the top 10.”

(more…)