Monday, November 28, 2011

Bankers: It is too early to say that the banking system overcome the crisis

A decrease in interest rates and renewed access to global debt capital markets - are the main trends, the banking system called the representatives of the Forum, leading international financial institutions (FVMFU), who presented his study "An Overview of the banking market" at a press conference in Kiev. At the same time, according to experts, an obstacle to the restoration of the Ukrainian banks remains relatively high level of bad debts. Among the factors that hinder the stabilization of the banking sector, has been named as the vulnerability of creditors because of lack of an optimal regulatory framework and unpredictable practice of its application. "In Ukraine, widespread bogus bankruptcy procedures, for which the courts look" through his fingers. "Difficulties also arise during the implementation of pledges," - said a member of the Board of Directors of the Forum, Chairman of the Board of Ukrsotsbank Boris Tymonkin. Recall FVMFU was established on 9 banks with foreign capital in May 2010: Credit Agricole CIB, Citibank (Ukraine), ING Bank Ukraine, OTP Bank, Platinum Bank, Pravex-Bank, Raiffeisen Bank Aval, UkrSibbank and UniCredit Bank. On materials FINANCE.UA

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