OREANDA-NEWS. On 13 August 2009 was announced, that The National Bank of Ukraine said that in aggregate, Ukrainian banks net revenue in 7M09 came to UAH 84.2 bln, and expenditures to UAH 97.2 bln. The banking system's total liabilities as of August 1 were UAH 743.8 bln (down UAH 8.0 bln mom) and assets were UAH 951.9 bln (up UAH 7.3 bln mom).

Concorde Capital: Ukrainian banks have continued to build up large loan provisions: 37% of bank expenditures in July were attributed to further accumulation of provisions against poor quality assets. We believe Ukrainian banks will keep accumulating provisions for some time going forward.

Concorde Capital is a full service investment bank operating on the Ukrainian, Russian and CIS markets. In 2007 Concorde Capital’s analytical team was recognized as the Top Team covering Ukraine by Thomson Extel's Pan European Survey. Senior Analyst Alexander Paraschiy was recognized as the Leading Pan-European Investment Analyst – European Emerging Markets. Concorde Capital is a leader when it comes to private placements and M&A deals. Concorde Capital’s sale of a stake in Electron Bank to Volksbank International AG was named the Best Ukrainian M&A deal of the year 2007 by the Adam Smith Institute.