In March, the Ukrainian banks started earning more on loans. However their profit decreased due to expensive resources, growing administrative and other operational costs.

On 18 April 2012 at 11:00, the Press Conference “Why do available credits revive so slowly: first quarter results and a forecast till the end of 2012” was held at the conference room of the Interfax-Ukraine News Agency. Igor Durytskyi, Head of KreditMarket and Denis Rakovsky, KreditMarket’ Sales Director, took part in the conference.

In 2012 retail chains will seek to establish virtual credit brokers, introduce bidding procedures for selecting loan partners, and insist on further acceleration of the loan granting decision process.

The capital of Ukrainian banks went up by 16.9% in 2011. It was UAH161 billion as of 01/01/2012 (equal to USD20.15B acc. to NBU exchange rate). Net equity comprises 15.2% of liabilities & equity in Ukraine’s banking system.

An officially calculated consumer price index is 100.3% in March, against the previous month. From the same month last year, the index is 101.9%.