Press Release Summary: Ukraine banking industry is strongly growing with improving lending facilities for corporate businesses and rising domestic deposits in the country.
Press Release Body: RNCOS new research report, “Ukraine Banking Sector Analysis (2007-2008)”, says that the bank loan segment of the Ukraine banking industry is consistently growing. It grew at a CAGR of 56.02% during 2001-2006 and is expected to grow at a CAGR of 23.84% by 2011. The report also says that the growth during the forecasted period drive both short-term and long-term lending.
The report identifies that improvement in lending possibilities in the corporate sector has pushed up growth in the loan segment of Ukraine banking industry. As obtaining business license is simple and easy in Ukraine, new businesses are being increasingly set up, which, in turn, is increasing the demand for corporate loans. Hence, business freedom has increased the pace of establishing new businesses that boosted growth in the Ukraine banking industry in past and will continue to drive the industry in future as well.
The RNCOS report also says that strong growth in domestic deposits over the medium-term and rise in borrowing abroad by Ukraine banks will continue to push up lending from the commercial banks in future. However, despite rapid expansion in past few years, lending by Ukraine commercial banks is still less than banks of more developed transition economies in Central Europe.
In addition, “Ukraine Banking Sector Analysis (2007-2008)” also covers and comprehensively discusses other important factors, including growth potential, employment growth, disposable income per head, net interest income, current account deposits and time & saving deposits.
Besides, the report also gives an extensive research and objective analysis on product quality and service in the Ukraine banking industry. It helps clients to find out leading edge opportunities for success of the banking industry in the country. Moreover, the report gives investors, financial service providers and global banking players with quality analysis and extensive data to navigate through the banking industry of Ukraine.
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today\'s globally competitive environment.
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2022
