OREANDA-NEWS. March 02, 2012. Kreditprombank joined the Independent Association of Ukrainian Banks (IAUB). The association was established in November 2011 and currently it includes about 70 financial institutions of the country, reported the press-centre of Kreditprombank.

Total volume of assets of participating banks exceeds 80% of total assets of banking system. The main purpose of the Association activity lies in solving any issues between financial market participants, joint protection of their interests and building a single line relationship with NBU and other state bodies.  

“Currently, there is a number of tasks for banking community, the effective solution of which is possible only in partnership with the regulator, governmental and executive authorities,” said Viktor Leonidov, the Chairman of the Government Board of Kreditprombank. – “Independent Association of Ukrainian Banks that unites the leading players in the market has developed the honest and open dialogue with the state and today it acts as a powerful representative of the interests of all member banks.”