Ukrainian Banks Will Not Feel American Crisis Influence
OREANDA-NEWS On 30 September was announced, that "Ukrainian banks will not feel the influence of the American hypothecary crisis as the resource base of our banks basically consists of means of the population and the enterprises, and liquidity of the largest banks satisfies with the most rigid requirements of bank supervision "- Alexander Dubilet, the PrivatBank's Chairman has declared.
As he said, the Ukrainian banks aren't so depended from world market tendencies as the European or Russian banks because of traditionally low volumes of abroad loans. The Ukrainian banks least play the share market and the basic efforts direct on retail development."
Neither our bank, nor other big banks did not have problems with liquidity. For example, PrivatBank's current cash reserve amounts more than UAH3 billion, as much on reserve accounts in NBU plus UAH1.5 billion on correspondent accounts in the first class banks which have not suffered from crisis. The capital of PrivatBank consumes UAH8 billion. So, what are the problems to speak about? We may be only proud that already the third in a row world crisis the Ukrainian banks meet with superfluous liquidity and with clients that trust the banks "- Alexander Dubilet ascertains.
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