| Headline: Ukraine Source: Euromoney Date: July 2001 Best Bank: Privatbank Best debt house: Privatbank Best equity: not awarded Best M&A: CSFB There are no good banks in the Ukraine, but only less bad ones. This is the saying passed down from the Russian crisis. Three years after the crisis, trust in the banking system has not advanced much and the ratio of problem loans to the overall credit portfolio of the banking system still stands at 20%. The National Bank of Ukraine reckons that 60% of the problem loans of the seven biggest banks were made to support different government programmes.
Privatbank has expanded aggressively. It took, for example, much of the corporate banking business from the state corporate bank, Prominvest. The bank serves the largest companies in Ukraine and has built the largest corporate loan portfolio. | ||||||||||||||||||||||||||||||||||||||||||