Ukraine

geo/ukraine

Location
48.379433, 31.16558

Ukrgasbank Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. February 5, 2019 – Ukrgasbank became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. 

“200 million businesses worldwide need financing to invest, grow and create new jobs. We are proud to have Ukrgasbank join our network of 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum.  

Member News OPIC’s Ukrainian SME Goals Drive Stability

OPIC Project Finance Director John Didiuk reflects on his recent attendance at the EBRD’s Annual Meeting and Business Forum in Cyprus, where he joined discussions about the investment climate in Ukraine. Since 2014, OPIC has more than quadrupled its portfolio to support the Ukraine’s growth and stability through greater private sector development. With multiple projects that support lending to local SMEs, OPIC has more than $500 million invested across 16 active projects to access financing.

 

BUM SME Banking Club Conference 2019

Last year, banks showed a significant increase in net profit! This year, leading bank managers and SME experts will meet at the VIII Annual Conference of the SME Banking Club Conference 2019 for Belarus, Ukraine and Moldova (BUM19) to discuss sales potential and cost effectiveness.

Fintech
How can banks cooperate with fintech startups? Cooperation patterns

Digital banking
Offline vs. online in SMEs. Bank for business - 100% online. Is it possible

Strategy
Creating a vertical SME in a transforming bank

World Bank Supports Finance Ministry’s Proposal for Exit Capital Tax for SMEs

The Finance Industry of Ukraine plans to introduce an exit capital tax for SMEs with an annual income of up to UAH 200 million. 

According to the article, replacing the profit tax by the exit capital tax for SMEs meeting the above criteria, is a way to cut the budget loss. With the support of the World Bank, the exit tax capital will avoid a threat to fiscal stability, according to the article. 

EBRD Develops Local Currency Lending to SMEs in Ukraine

The EBRD is providing fresh funds to develop local currency lending and SME support mechanisms in Ukraine. The use of local currency gives greater comfort to potential borrowers, who will not be exposed to foreign exchange risks.

The EBRD is providing a four-year local currency loan in Hryvnia (UAH) worth US$ 25 million equivalent to PJSC ProCredit Bank Ukraine (PCBU).

CIS SME Banking Club Conference 2017

Each year SME Banking Club hosts a series of international conferences. It explores some of the key issues facing the region and the industry now. SME Banking Club Conferences attract international speakers from world financial institutions willing to share their views and experience on SME & Business Banking. One session will be a presentation of the SME Development Strategy in Ukraine - 2020 Ministry of Economic Development and Trade of Ukraine. A panel discussion "New opportunities of SMEs.

Subscribe to Ukraine