Awards for Excellence 2009: Ukraine
Best Bank: Raiffeisen Bank Aval
In 2007, Ukraine’s economy grew by 7.3%. Last year it shrank by 9% as it became the first country to seek an IMF bailout. That bailout duly came when the Fund signed an agreement for $16.4 billion. Still, Ukraine’s troubles are far from over, with the country beset by political infighting.