The Ukrainian Credit-Banking Union (Ukrainian : Український кредитно-банківський союз, romanized: Ukrainskyi kredytno-bankivskyi soyuz) is a banking association created as the Kyiv Banking Union in 1994 by twenty commercial banks operating in the city of Kyiv, Ukraine, for the purpose of cooperation between Kyiv's financial institutions, and to manage collective interaction with authorities. The organization has expanded to nearly a hundred members, operating throughout the country and in 2005 reincorporated under its current name. The Ukrainian Credit-Banking Union works with Committees of the Verkhovna Rada (the Ukrainian parliament); the National Bank of Ukraine (Ukraine's central bank); the Ukrainian Ministry of Justice, and the tax administration of Ukraine to discuss improvement of banking legislation and other relevant matters.
Prominent banker and politician Leonid Chernovetsky was the founder and leader of the union.
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The economy of Ukraine is an emerging free market economy. It grew rapidly from 2000 until 2008 when the Great Recession began worldwide and reached Ukraine as the 2008-2009 Ukrainian financial crisis. The economy recovered in 2010 and continued improving until 2013. From 2014 to 2015, the Ukrainian economy suffered a downturn, with the GDP in 2015 being slightly above half of its value in 2013. In 2016, the economy again started to grow. By 2018, the Ukrainian economy was growing rapidly, and reached almost 80% of its size in 2008.
Kyiv or Kiev is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper River. Its population in July 2015 was 2,887,974, making Kyiv the seventh-most populous city in Europe.
Online banking, also known as internet banking or web banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. The online banking system will typically connect to or be part of the core banking system operated by a bank and is in contrast to branch banking which was the traditional way customers accessed banking services.
National Bank of Ukraine or NBU is the central bank of Ukraine – a government body responsible for unified state policy in the field of country's monetary circulation, including strengthening of national currency unit – hryvnia. It regulates and supervises activities, functions and legal status of government and commercial banks based on principles of the Constitution of Ukraine and the law of Ukraine "About the National Bank of Ukraine".
Pravex Bank is a private commercial bank based in Kyiv, the capital of Ukraine. Founded by Leonid Chernovetsky, it was licensed by the National Bank of Ukraine in 1992.
Now dissolved, Asia Universal Bank (AUB) was the largest commercial bank in Kyrgyzstan, holding about a quarter of the combined assets and deposits reported by the entire Kyrgyz banking system. The bank was highly regarded internationally, and received a number of awards, from organizations such as The Banker, Global Finance, The Asian Banker and Euromoney, but subsequently fell from grace.
PrivatBank is the largest commercial bank in Ukraine, in terms of the number of clients, assets value, loan portfolio and taxes paid to the national budget. PrivatBank has its headquarters in Dnipro, in central Ukraine.
Banque du Caire, or "Bank of Cairo", is a full-service bank headquartered in Cairo. The bank operates over 231 branches in Egypt. It has branches in Abu Dhabi, Dubai, Sharjah, Ras al Khaima in the United Arab Emirates and Manama in Bahrain, representative offices in Kyiv, Ukraine and Harare, Zimbabwe, as well as affiliates or subsidiaries in Saudi Arabia, and Uganda.
Kostyantyn Valentynovych Zhevago is a Ukrainian entrepreneur, the youngest self-made billionaire in Europe. He was the first Eastern European to present one of his companies — Ferrexpo to the London Stock Exchange. Zhevago controls the "Finances and Credit" group — one of largest conglomerates of Ukraine; holds a post of FC Vorskla honorary president. He was a member of the Verkhovna Rada from 1998 until 2019.
Prominvestbank is a bank based in the Ukraine that was formed in August 1992. Its overall history goes back more than 86 years.
Ukraine was hit heavily by the late-2000s recession, the World Bank expects Ukraine's economy to shrink 15% in 2009 with inflation being 16.4%.
BC Budivelnyk Kyiv is a Ukrainian professional basketball club based in Kyiv. The club plays in the Ukrainian Basketball SuperLeague. In June 2018, it was forced to withdraw from the Superleague due to open debts. Two years later, the club returned its activities. The club holds a record ten Ukrainian championships and three Ukrainian Cups, as well as a Soviet championship (1989).
Public Join-Stock Company First Investment Bank, commonly known as PJSC First Investment Bank is the Ukrainian bank that offers a full range of banking services to private and corporate customers. The bank was registered on 20 June 1997 with its headquarters at 6 Moskovskiy Avenue, Kyiv. There are over 30 branches in 11 regions of Ukraine.
Bank Forum is a Ukrainian bank headquartered in Kyiv, Ukraine. Founded in 1994, the bank was acquired by Smart Holding in 2012.
The Kyiv National Economic University, named after Vadym Hetman, is a higher educational institution in Kyiv, Ukraine, and a self-governing (autonomous) research National University. The university was founded in 1906. The main building is located on Victory Avenue, 54/1. Its estimated quality of education and researches puts the university on the third place in National ranking of the universities in Ukraine. According to one of the leading university rankings in the world, KNEU occupied the second position among universities in Ukraine. The university has been named in honour of Vadym Hetman since 2005. He was a Ukrainian politician and financier, who was killed in 1998.
The Kyiv National University of Trade and Economics is a university in the city center of Ukraine.
Petr Baron is a financier, banker, businessman.
Oleh Borysovych Rybachuk , born 22 April 1958 in the village of Pohrebyshche, in Vinnytsia Oblast — Ukrainian politician and public figure.
Ihor Oleksandrovich Mitiukov is a Ukrainian diplomat. Ambassador Extraordinary and Plenipotentiary of Ukraine. Minister of Finance of Ukraine (1997-2001). Has been Head of Kyiv office and Managing Director of Morgan Stanley since March 2008.
The history of banking in Ukraine since Ukrainian independence in 1991 has seen since the late 2000s several periods of bank mergers and acquisitions of different natures. Early 2016 117 banks were operating in Ukraine, their assets amounted to 1.254 trillion Ukrainian hryvnia. According to the central bank of Ukraine there were 81 solvent licensed banks in Ukraine on 1 October 2018 who's assets were 1.355 trillion Ukrainian hryvnia.