Analysts: the ruble against the dollar and the euro has fallen off to a new low

The specialist of the department of investments and the stock market NRU "Higher School of Economics" Alexander Abramov published forecast the ruble, which has been very negative for the currency. According to RG, a new working week the Russian ruble may open a new fall, Monday the dollar and euro against the ruble could again break through the winter highs. In particular, analysts do not rule out that the ruble on Monday after Friday's crash saved very high chance of further easing in the new week.

Abramov does not mention any specific numbers, which can now be set as the official exchange rate at the rate of tomorrow. However, $ 1 for 70 Russian rubles expert does not seem something incredible: a total external negative factors may well lower the ruble to that level. One of these factors continue to be the world oil prices, which on Friday showed another decline. In addition, the ruble may shadow the negative impact and the published data on the US stock indices Dow Jones and S & P 500, because they also show a serious decline.



In general, says Abrams, is a situation in which turned out to be the ruble is very ambiguous and unpredictable, because against the background of the country's leadership can get the support of the ruble on MICEX, which will protect it on the Moscow stock exchange fall. But now the ruble even neutral news sees more negative than positive, so the likelihood of continuation of the fall of the national currency of the Russian Federation is maintained very high.



Currently, the official exchange rate of 68.1216 rubles per $ 1, and the official exchange rate of the euro - 76.6709 rubles per 1 euro. It is likely that today the dollar against the ruble will rise to a new high, concludes Abrams.

In Ukraine next year and a half will not increase pensions

In the Ministry of social policy do not plan to raise pensions by 2017. It is reported ZN.ua.

The Minister of social policy Pavlo Rozenko explained by the fact that the funded pension system pension plan to launch in Ukraine from 2017, while the current system at the moment has already exhausted its potential.

Rozenko said that while the living standards of Ukrainian pensioners is low and unsatisfactory, but the government is doing everything to pay pensions.

He stated that the state budget had to allocate an additional 80 billion USD.

Also the Minister of social policy stressed that pensions must occur on a single law. "Pensions must occur on a single law. Special pensions should be abolished, despite the outrage of some officials, people's deputies. Each person must take personal responsibility for what pension he will have in the future," said Rozenko.

Note that labor veterans, children of war, war veterans, victims of Nazi persecution, the members of the bereaved families or the deceased war veterans, invalids of I-III groups, victims of the Chernobyl disaster I and II categories, can continue to enjoy the right to free travel, as reported today, may 25, the press service of the Ministry of social policy of Ukraine.

"The Cabinet of Ministers of Ukraine will not reverse the decision No. 354 from 17.05.1993 and No. 555 from 16.08.1994 about free travel on public transport for old age pensioners and the disabled. Persons belonging to the categories of war veterans, victims of Nazi persecution, children of war, veterans of labor, invalids of Chernobyl I and II categories, from 1 June this year, will continue to exercise their right to free travel in urban and suburban transport in accordance with prescribed government solutions as old age pensioners or disabled people," explained the Minister of social policy of Ukraine Pavlo Rozenko.

The Minister also noted that the decision on concessionary fares in these categories metro will be accepted by the local government of Kiev, Kharkov and Dnepropetrovsk. "The law of Ukraine "On State budget of Ukraine for 2015" provides funds for compensation for the reduced fare of separate categories of citizens in the form of subventions from the state budget to local budgets at the level of the previous year in the amount of UAH 1.9 billion, of which compensation for the reduced fare of $ 1.6 billion UAH", - he noted.

"Government expenditure on compensation of concessionary travel has not decreased", - said Rozenko.

Earlier, at a meeting of the conciliatory Council on may 18 speaker Volodymyr Groysman instructed the relevant committees to begin consultations with ministries on the possibility of indexation of wages and pensions of citizens.

As reported, according to Rozenko, in the Verkhovna Rada deputies turn to him with an appeal not to abolish special pensions. The main scientific and expert Department of the Verkhovna Rada also made a conclusion about the impossibility to abolish special pensions.

In March, the Verkhovna Rada obliged the Cabinet to prepare and submit before may 1, to the Parliament a draft law on the appointment of all pensions, including special (except pensions of military personnel and scientists), on a common basis.

The Cabinet has fulfilled its obligations and April 30, introduced to the Parliament the draft laws on pension reform, which call for the complete abolition from 1 January 2016 special pensions, and running from 1 January 2017 funded system of pension insurance.

Rozenko on the Hour of questions to the government in Parliament urged MPs at the next plenary week, which will be held June 2-5, to pass bills providing for the abolition of special pensions in 2016 and the launch of the cumulative pension system by 2017.

What fuel prices should be expected - the forecast from an expert

 

The overall situation in the fuel market remains relatively calm.

Fuel prices in Ukraine will be stable, one of the reasons is the massive evasion traders from paying a 5% tax on retail sales. It is reported by Sergey Sapegin, Director of the SEC "Psyche", the newspaper "Today".

"C 17 to 24 April, most cheaper LPG" says Sapegin. According to experts, the price of LPG fell by 4.2% (-4 0 kopecks./l) — 9,13 UAH per liter. Least of all, 7,80 USD, for gas requested at the pump, Zhytomyr, Lviv and Kyiv oblasts and in Kyiv. Diesel fuel-the Euro fell by only 0.3% (-5 kopeks/liter) to 20,66 UAH per liter. The cheapest diesel was sold in the Zhytomyr region on 18,60 USD per liter.

The price of gasoline decreased by only 0.1% (-2 kopeks/l). A-92 Euro on average sold for 19,70 UAH per liter, A-95-Euro — 20,41 USD. Lowest price per litre "second" and "fifth" were recorded in the Sumy region — 17,90 and 18,69 UAH respectively.

FORECAST. Average prices at the gas station will not change significantly. "This will contribute to three reasons. The first is the continuing decline in fuel prices in the shallow protected areas (over 30 days — by 7-14% depending on the brand). The second is the release of a significant volume of Belarusian oil products due to reduction of exports to Russia, which could reduce their price for Ukraine. And third, the mass evasion of traders from paying a 5% tax on retail sales," – said the expert.

Possible and weak growth in average prices due to the withdrawal of offers fuel at the lowest prices.

To provoke a small increase in the cost of fuel at filling stations may and the rise in world oil prices, the deficit of the dollar and the Euro, leading to the weakening of the hryvnia, as well as the growth of demand for petroleum products due to the departures of long distances in connection with the may holidays, and agricultural activities.



Recall that in March through a network of petrol stations in Ukraine sold 123,5 thousand tons of gasoline, which is 40.7% lower than the same period last year. This was reported on the website of the State statistics service of Ukraine.

In the volume of gasoline sold more than 51% sale of fuel grade A-95, 48% And 92 and 0.2% of A-80 and A-98.

Retail sale of diesel fuel in March were $ 97.6 thousand tons, which is 41% less than last year, the liquefied gas is less than 0.7% - 33.7 thousand tons, compressed gas is less than 28% 6.4 thousand tons.

Just March through the gas station sold light oil and gas 7.12 billion UAH. Almost 50% or 3,55 billion, of this amount falls on the retail sale of gasoline, UAH 2.7 bn, or 38% of diesel fuel, more than 729 million, or 10.2% - liquefied gas and 145,3 million, or 2%, from sales of methane.

Compared with February, the implementation of gasoline through gas stations decreased by 4%, the decline in sales was recorded in all regions of Ukraine, except Zhytomyr, Kyiv, Luhansk, Sumy and Chernivtsi regions.

The statistics cited data excluding the temporarily occupied territory of Crimea and the area of the ATO.

Note, due to the sharp devaluation of the hryvnia and the growth of the excise tax in Ukraine has significantly increased the volume of counterfeit gasoline and diesel fuel. Experts have told how to recognize the "Palenque".Be the first to suffer from this, car owners, for "entanglement" seems cheap at first glance, but its consumption is much higher than the factory petrol, and often then have to spend money to repair the engine. As told by the Manager for accepting vehicles one HUNDRED famous German brand Maxim Bochaton, for the last 3-4 months the number of vehicles with fuel system problems increased by about 60%.

According to experts, the volume of counterfeit products for the year increased twice. "After the increase from January 2015 excise taxes (excise and VAT) reached 40% in the price of gasoline, diesel fuel - 30%, 7 - 10 UAH/l. to Produce the counterfeit has become much cheaper than before, when taxes were 22-33%, it is obvious that "batajnicki nothing the state does not pay," said Director of consulting group "A-95" Sergey Kuyun.

"In 2014 because of rising fuel prices, the share of counterfeit grew like an avalanche, and amounted to 20% of the market, or 670 thousand tons per year (in 2013 it was about 10%. - Auth.). The results for the first quarter will be later, but it is already clear that the situation has not improved. According to our calculations, over the 2014 budget lost 5 billion USD in 2015 may be a shortage of up to 10 billion UAH," Kuyun said.

According to the Deputy Director of the SEC "Psyche" Gennady Ryabtsev, most often in low-octane gasoline or condensate is added ethanol, methyl tertiary butyl ether (poison), coke-ovens.

"Even a superficial analysis shows that "bodyazhat," says Ryabtsev. "For example, one brand of gas station networks officially bought in 2014 200 thousand tons of gasoline, and sold... 320 thousand tons. Where is the surplus? With three of their depot in Kiev and Vinnitsa region acquired 20 thousand tons of gasoline, 10 thousand tons of gas condensate, 30 thousand tons of octane booster additives. All this is mixed and is sold at the gas station. But such fuel damages the engine. Quality gasoline is made only at the refinery".

Experts say that low-quality gasoline is likely to get, standing on a small non-chain gas stations where the price of fuel is less than UAH per couple.

Poroshenko has legitimized the right of the Cabinet to impose a moratorium on the payment of foreign debts

The President of Ukraine Petro Poroshenko has signed the law on the specifics of the legal action with the state, guaranteed by the state debt and local debt (No. 2898).

As reported on Thursday, may 28 at the website of the Parliament, the law returned with a signature from the President.

In addition, on the same day Poroshenko has also signed the law on amendments to the Budget code of Ukraine in connection with adoption of the Law "On the specifics of the transactions with the state, guaranteed by the state debt and local debt" (No. 2899).

Recall, the Verkhovna Rada gave the Cabinet the right to impose a moratorium on the payment of external debt owed to private creditors by limiting the term of such decision of 1 July 2016. In addition, the Council approved amendments to the Budget code, which technically allow Cabinet to exercise their right to a moratorium.

Introducing the draft law, the Prime Minister Arseniy Yatsenyuk explained that we are talking about obligations only in respect of private creditors. In the list of debts, for the payment which may be imposed the moratorium does not include debts to the IMF, EBRD and other institutional lenders. Law on the moratorium, the Cabinet may only be used for debt, secured by the government in the list of public and quasi-public debt subject to restructuring, except for securities of state-owned banks – Oschadbank and Ukreximbank and papers of state administration of railway transport (Ukrzaliznytsia).

According to the government, the right to a moratorium has no negative effect on either the Ukrainian banks nor foreign exchange rate, and Vice versa, will have a positive impact, because after this operation, the debts of Ukraine will be less.

Ukraine started negotiations on the restructuring of the debt with the total volume of 23 billion. 13 March – immediately after the approval of the program of crediting of the economy by 17.5 billion. from the International monetary Fund. Negotiations on debt restructuring are part of the programme of work of Ukraine with the Fund.

At the same time, the largest Ukrainian holders of securities not want to agree to the cancellation of the principal amount of the debt, considering that the alleged scale of the reduction payment, which should be about $ 15 billion. during the four years of the program EFF is too large.

And although Ukraine invited Russia to negotiate a refinancing of the debt of the Russian Federation demanding the payment of $ 3 billion. at the end of 2015, refusing to participate in the restructuring.

Ukrainian delegation at the spring session of the world Bank and IMF in Washington on April 17 to present to creditors state debt operations.

The IMF said that Ukraine should reach agreement on the restructuring of its debt before the international monetary Fund will revise its assistance programme in June.

The Ministry of Finance of Ukraine insists on the need to reach agreement on restructuring in June - before the first review of the IMF program, however, experts predict that success will be debt restructuring and early autumn of this year, and the hike will not lead to the cessation of funding under the EFF program.

Recall, the Cabinet of Ministers of Ukraine on the proposal of the Ministry of Finance on 4 April approved the list of debt obligations for restructuring. The ratio of public debt to GDP must not exceed the mark of 71% by 2020, and the debt financing of the budget - no more than 10% of GDP. The restructuring will affect foreign debts that arose prior to February 28, 2014, and will include part of the external debt, publicly guaranteed external debt and quasi-sovereign debt - Eurobonds of state-owned banks, Railways, cities of Kyiv.

Note that a moratorium on payments of foreign debts is not a Declaration of default, and the division of responsibilities between the Parliament and the government. This was stated by member of the National Council reforms, the founder of public organization "Easy Business", the President of the Harvard club of Ukraine Daniel Pasko, reports 112.ua.

"Ukraine has not defaulted. A statement by Putin that Ukraine actually made an announcement, not true. Today, the Parliament gave the government the right not to pay part of the debt. This does not mean that he will not be paid, this is only the division of responsibilities between the Parliament and the government. This is an important step to ensure that the responsibility for the decision lay not only the Prime Minister but to Parliament, and it is logical in a parliamentary Republic such as Ukraine, so the default we have not announced," said Pasko.

Adopted by the Verkhovna Rada of Ukraine a draft law which grants the Cabinet of Ministers of Ukraine the right to suspend payments on foreign debt obligations, will be an additional argument in negotiations with lenders on more favorable terms of restructuring the external debt of Ukraine. This opinion was expressed by the founder and CEO of the investment company Tomas Fiala Dragon Capital in the comment to the edition "GORDON".

"The moratorium (...) will give more arguments to the Ministry of Finance in an attempt to negotiate with private creditors on debt restructuring, including with Russia. This is such an argument, because the negotiations between the Finance Ministry and private creditors are deadlocked. This is an additional argument to put pressure on private lenders and get them to agree," – said the expert.

According to Fiala, an initiative of the government about the possibility of a moratorium on payments of foreign debts, approved by Parliament, provides a more broad-based political support and consensus in the process of settling debt with creditors.

The head of Dragon Capital excludes the moratorium in the next month and a half, before the decision of the International monetary Fund (IMF) on the granting of the second tranche of Ukraine.

"If by the end of June will not negotiate (with creditors), perhaps a moratorium will be applied in July or August, to increase the pressure (for creditors) and to agree to the twentieth of September, when you will need to repay the closest Eurobonds (Eurobonds with the closest maturity)," – said the expert.

Fiala recalled that in the negotiations with the Ukrainian holders of obligations of the Ministry of Finance is seeking the cancellation of at least 20% of the debt.

Оценочная стоимость активов неплатежеспособных банков составляет 46 млрд грн, при том, что балансовая стоимость активов этих банков составляет 287 млрд грн.

Об этом сообщила пресс-служба Фонда со ссылкой на заместителя директора-распорядителя Фонда гарантирования вкладов физических лиц Андрея Кияка.

По его мнению, активы неплатежеспособных банков являются одним из источников формирования инвестиционного рынка.

По словам Кияка, в Фонде на данный момент изучают возможность продажи имущества, когда один лот будет формироваться из активов различных неплатежеспособных банков.

Он отметил, что торги проходят в условиях максимальной прозрачности и открытости, а проведение продажи на электронных площадках — один из вариантов реализации этих принципов.

Напомним, по состоянию на 29 мая 2015 года Национальный банк признал неплатежеспособными 51 банк.

Источник: http://delo.ua/finance/aktivy-neplatezhesposobnyh-bankov-ocenili-v-46-mlrd-grn-297478/ © delo.ua

 Президент Украины Петр Порошенко подписал закон об особенностях осуществления правовых действий с государственным, гарантированным государством долгом и местным долгом (№2898).

Как сообщается в четверг 28 мая на сайте парламента, закон возвращен с подписью от президента.

Кроме того, в этот же день Порошенко подписал также и закон о внесении изменений в Бюджетный кодекс Украины в связи с принятием Закона "Об особенностях осуществления сделок с государственным, гарантированным государством долгом и местным долгом" (№2899).

Напомним, Верховная Рада предоставила Кабинету министров право вводить мораторий на выплату внешних долгов частным кредиторам, ограничив срок принятия такого решения 1 июля 2016 года. Кроме того, Рада приняла изменения в Бюджетный кодекс, которые технически позволяют Кабмину реализовать свое право на введение моратория.

Представляя проект закона, премьер-министр Арсений Яценюк объяснил, что речь идет об обязательствах только в отношении частных кредиторов. В перечень долгов, на выплату которых может быть наложен мораторий, не входят долги перед МВФ, ЕБРР и другими институциональными кредиторами. Правом на мораторий Кабмин может воспользоваться только в отношении долгов, закрепленных решением правительства в перечне части государственного и квазигосударственного долга, подлежащего реструктуризации, за исключением бумаг госбанков – " Ощадбанка и Укрэксимбанка и бумаг Госадминистрации железнодорожного транспорта (Укрзализныця).

По мнению правительства, право на мораторий не оказывает никакого отрицательного влияния ни на украинские банки, ни на валютообменный курс, а наоборот, будет иметь положительное влияние, потому что после этой операции долги Украины будут меньше.

Украина начала переговоры по реструктуризации части госдолга общим объемом 23 млрд долл. 13 марта – сразу же после одобрения программы кредитования экономики страны на 17,5 млрд долл. со стороны Международного валютного фонда. Переговоры о реструктуризации долгов являются частью программы работы Украины с Фондом.

В то же время крупнейшие держатели украинских бумаг не хотят соглашаться на списание основной суммы долга, считая, что заявленный масштаб сокращения выплат, который должен составить примерно 15 млрд долл. за четыре года действия программы EFF, слишком велик.

И хотя Украина пригласила Россию на переговоры по рефинансированию долга, РФ требует выплаты 3 млрд долл. в конце 2015 года, отказываясь от участия в реструктуризации.

Украинская делегация намерена в ходе весенней сессии Всемирного банка и МВФ в Вашингтоне 17 апреля представить кредиторам состояние долговой операции.

МВФ заявили, что Украина должна достичь соглашения о реструктуризации своей задолженности до того, как Международный валютный фонд пересмотрит свою программу помощи в июне.

Минфин Украины настаивает на необходимости достичь соглашения о реструктуризации в июне - до первого пересмотра программы МВФ, однако эксперты прогнозируют, что успехом будет реструктуризация долга и в начале осени этого года, а ее затягивание не приведет к прекращению финансирования по программе EFF.

Напомним, Кабинет министров Украины по предложению Министерства финансов 4 апреля утвердил перечень долговых обязательств для проведения реструктуризации. Соотношение государственного долга к ВВП не должно превысить отметку в 71% до 2020 года, а долговое финансирование бюджета - не более 10% ВВП. Реструктуризация коснется внешних долгов, возникших до 28 февраля 2014 года, и будет включать часть внешнего долга Украины, гарантированные государством внешние долги и квазисуверенные долги - еврооблигации государственных банков, Укрзализныци, города Киева.

Отметим, что мораторий на выплаты по внешним долгам – это не объявление дефолта, а разделение ответственности между парламентом и правительством. Об этом заявил член Национального совета реформ, основатель общественной организации "Easy Business", президент Гарвардского клуба Украины Даниил Пасько, передает 112.ua.

"Украина не объявила дефолт. Заявление Путина о том, что Украина фактически что-то объявила, не соответствует действительности. На сегодня парламент дал право правительству не выплачивать часть долга. Это не значит, что он не будет выплачен, это лишь разделение ответственности между парламентом и правительством. Это важный шаг для того, чтобы ответственность за это решение лежало не только на премьер-министре, но и на парламенте, и это логично в парламентской республике, каковой является Украина, поэтому дефолт мы не объявили", - сказал Пасько.

Принятый Верховной Радой Украины законопроект, который предоставляет Кабинету Министров Украины право приостанавливать платежи по внешним долговым обязательствам, станет дополнительным аргументом в переговорах с кредиторами о более выгодных условиях реструктуризации внешнего долга Украины. Такое мнение высказал основатель и генеральный директор инвестиционной компании Dragon Capital Томаш Фиала в комментарии изданию "ГОРДОН".

"Мораторий (…) даст больше аргументов Минфину в попытках договориться с частными кредиторами о реструктуризации долга, в том числе и с Россией. Это такой дополнительный аргумент, потому что переговоры между Минфином и частными кредиторами зашли в тупик. Это дополнительный аргумент, чтобы надавить на частных кредиторов и заставить их договориться", – заявил эксперт.

По мнению Фиалы, инициатива правительства о возможности введения моратория на выплаты по внешним долгам, одобренная парламентом, обеспечивает более широкую политическую поддержку и консенсус в процессе урегулирования долговых отношений с кредиторами.

Глава Dragon Capital исключает введение моратория в ближайшие месяц–полтора, до принятия решения Международным валютным фондом (МВФ) о предоставлении второго транша Украине.

"Если до конца июня не получится договориться (с кредиторами), возможно, мораторий будет применен в июле-августе, чтобы увеличить давление (на кредиторов) и договориться до двадцатых чисел сентября, когда нужно будет погашать самый ближайший евробонд (еврооблигации с ближайшим сроком погашения)", – пояснил эксперт.

Фиала напомнил, что в переговорах с держателями украинских обязательств Министерство финансов Украины добивается списания как минимум 20% тела долга.

Оценочная стоимость активов неплатежеспособных банков составляет 46 млрд грн, при том, что балансовая стоимость активов этих банков составляет 287 млрд грн.

Об этом сообщила пресс-служба Фонда со ссылкой на заместителя директора-распорядителя Фонда гарантирования вкладов физических лиц Андрея Кияка.

По его мнению, активы неплатежеспособных банков являются одним из источников формирования инвестиционного рынка.

По словам Кияка, в Фонде на данный момент изучают возможность продажи имущества, когда один лот будет формироваться из активов различных неплатежеспособных банков.

Он отметил, что торги проходят в условиях максимальной прозрачности и открытости, а проведение продажи на электронных площадках — один из вариантов реализации этих принципов.

Напомним, по состоянию на 29 мая 2015 года Национальный банк признал неплатежеспособными 51 банк.

Источник: http://delo.ua/finance/aktivy-neplatezhesposobnyh-bankov-ocenili-v-46-mlrd-grn-297478/ © delo.ua

Оценочная стоимость активов неплатежеспособных банков составляет 46 млрд грн, при том, что балансовая стоимость активов этих банков составляет 287 млрд грн.

Об этом сообщила пресс-служба Фонда со ссылкой на заместителя директора-распорядителя Фонда гарантирования вкладов физических лиц Андрея Кияка.

По его мнению, активы неплатежеспособных банков являются одним из источников формирования инвестиционного рынка.

По словам Кияка, в Фонде на данный момент изучают возможность продажи имущества, когда один лот будет формироваться из активов различных неплатежеспособных банков.

Он отметил, что торги проходят в условиях максимальной прозрачности и открытости, а проведение продажи на электронных площадках — один из вариантов реализации этих принципов.

Напомним, по состоянию на 29 мая 2015 года Национальный банк признал неплатежеспособными 51 банк.

Источник: http://delo.ua/finance/aktivy-neplatezhesposobnyh-bankov-ocenili-v-46-mlrd-grn-297478/ © delo.ua

CJSC "A-Bank" ( Dnepropetrovsk , Ukraine )

About the Bank

PJSC „ACCENT-BANK” (the BANK) - retail financial institution, the main activity direction of which is the provision of a wide range of services for physical and legal persons.

We are working on the banking market of Ukraine for 15 years. In March 2007, the company was re-branded as a result of which appeared A-BANK - innovative and dynamic.

We are a team of professionals, ready to satisfy growing needs of our clients in banking service.

First of all, we are focused on improving Your well-being through the provision of quality and affordable services.

Our logo - green Apple.
On the one hand it speaks for the fact that we are ready to offer You a fresh solution of Your financial problems. On the other side of the Apple is the symbol of the fruit, results, achievements, to which we aspire.

Division A-Bank is represented in all regions of our country. Already today in Ukraine you can find more than 50 points of sales of services by A Bank. And we are focused on further development of our network, so You can get high-quality banking services in a convenient location: near Your home, work, in the field of Your recreation and leisure activities.

The size of the Charter Fund of the Bank is 125,6 million UAH.

«A-BANK» - participant of the Deposit Guarantee Fund.


Full company name "A-Bank"
License number 16 issued 19.09.2007
Date of establishment of the Bank 30.10.1992
The Head Of Zhukov Andrey Yakovlevich
(for information on 24.12.2010)
Contacts of Ukraine, Kyiv. Dnepropetrovsk, str. Batumi, 11
www.a-bank.com.ua

+38 (056) 716-52-35, 8 800 500 90 80
Deposit insurance system member
MFIs 307770

VAT "ВіЕйБі Bank" (Kiev , Ukraine)

About the Bank

Founded in 1992, today VAB Bank belongs to the group of ' large ' banks according to the NBU classification, occupies a high and stable position in the banking system of Ukraine.

VAB Bank is a universal credit and financial institution with foreign investments, providing all main types of banking operations, including: services to corporate and retail clients, investment banking, international customer service, interbank operations.

The Bank has the ramified regional network covering all the regions of Ukraine and comprising 150 regional offices, as well as a representation in the city. Budapest (Hungary).

Correspondent relations have been established with over 100 of the largest banks around the world. International rating Agency Moody's assigns ratings to VAB Bank since 2003.

VAB Bank is the agent of the government for the implementation of international programmes, member of international payment systems MasterCard Europe and VISA Int., maintains credit lines ЕБРР world Bank, and the Eurasia Foundation (USA). The Bank is authorized by the Pension Fund of Ukraine to pay pensions and monetary aid in the framework of Pension programs, cooperates with the Fund «mutual Understanding and reconciliation» on payment of compensations остарбайтерам.

The auditor of VAB Bank in international standards is the company «Ernst & Young». Since 2000 the audit of financial statements according to national standards is conducted by «APIC». Registered by the Bank on July 2, 1992. (registration # 120), has a banking license no. 35 of 25.05.2010, and the written authorization of the national Bank of Ukraine in the implementation of 22 types of banking operations stipulated by the Law of Ukraine «On banks and banking activity».

Full name VAT "ВіЕйБі Bank»
License number 35
The date of establishment the Bank of 02.07.1992
The Head Of The Baron Peter Yurievich
(for information on 29.12.2010)
Contacts 04119, Ukraine, Kyiv. Kiev, str. Zoological, 5
www.vab.ua

0 800 30 08 30, 0 (44) 496 33 96
Deposit insurance system member
MFIs 380537

ОАО Platinum Bank ( Kiev , Ukraine )

                           

About the Bank

Thanks to our stable international shareholders (the investment Fund Horizon Capital, East Capital, and IFC - a subsidiary of the World Bank) and highly skilled international management, we have not stopped, but on the contrary have accelerated our development during the crisis. In recent years, we have become one of the most fast-growing banks in Ukraine. More than 500 000 customers used our services. And our network has already numbering more than 775 points of presence across the country and is growing every day. The rapid growth of our customer base demonstrates that our «Platinum Standards» are really in great demand!

We want to in each paragraph of the presence of Platinum Bank, You have received a high level of service that You deserve - with a smile and a friendly attitude. We understand that financial decisions - this is very important and not easy. Therefore, we consider to be its main task - friendly and quiet provide You with necessary information to make reliable decisions. How and high-quality services and products that improve Your personal financial well-being.

When we created the Bank, we wanted to create something unique in Ukraine - Responsible Bank. This means not only stable financial institution with high quality products, but also the Bank, which will become an integral part of society. The Bank, which will help to bring positive changes in their environment, which will improve the lives of the people around you. That is why we actively promote various social initiatives according to our CSR strategy. We help poor children and families, are engaged in the environmental issues, organize courses Financial Literacy for children, support the development of sports and medicine , and much more. To receive additional information about our social programs

Full name - of Platinum Bank
License number 217
The Head Of Gregory Krasnov
(for information on 27.12.2010)
Contacts: 04050, Ukraine, Kyiv. Kiev, str. Pimonenko, 13, build. 4A
www.platinumbank.com.ua
+38 (044) 492-90-90, +38 (044) 492-90-98