Awards for excellence - Ukraine
Best debt house:
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.
|Kiev: no good banks,
only less bad ones
In this environment, Privatbank stands out as the most professional and most innovative bank. It was established in 1992 by members of the second largest industrial group in the country.
Privatbank has expanded aggressively.