LIST OF THE LARGEST UKRAINIAN BANKS
27 JANUARY 2000
SOURCE: US EMBASSY KIEV
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INTERNATIONAL COPYRIGHT, U.S. AND FOREIGN COMMERCIAL
SERVICE AND U.S. DEPARTMENT OF STATE, 1999. ALL
RIGHTS RESERVED OUTSIDE OF THE UNITED STATES.
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1. SUMMARY: AS OF DECEMBER 1, 1999, 203 BANKS WERE
REGISTERED IN UKRAINE, INCLUDING 30 BACKED WITH
FOREIGN CAPITAL, AND NINE WITH 100 PERCENT FOREIGN
CAPITAL. OF THE TOTAL 203 REGISTERED BANKS, 165 BANKS
ARE ACTUALLY OPERATING. WITH THE EXCEPTION OF TWO
STATE-OWNED BANKS, OSHCHADBANK AND UKREXIMBANK, THE
BANKS ARE JOINT-STOCK COMPANIES (JSC) (124 - OPEN JSC,
49 - CLOSED JSC) OR LIMITED LIABILITY COMPANIES (28).
END SUMMARY.
2. SEVEN BANKS, WHOSE NET ASSETS EXCEEDS A BILLION
HRYVNAS, CONTROL MUCH OF THE CAPITAL AND POLITICAL
POWER IN UKRAINE: PROMINVEST BANK, PRIVATBANK, BANK
UKRAYINA, AVAL, UKREXIMBANK, UKRSOTSBANK, AND
OSHCHADBANK. THE SUBSTANTIAL CAPITAL BASE OF THESE
BANKS GUARANTEES THEIR STABILITY. HOWEVER, THESE SEVEN
BANKS ALSO HAVE THE HIGHEST PERCENTAGE OF "PROBLEM
LOANS" IN THEIR CREDIT PORTFOLIOS (MAINLY TO STATE-
OWNED ENTERPRISES, WHICH AMOUNT TO "DEAD WEIGHT" ON
THE BANKS' BALANCE SHEETS) - 27%. THE AVERAGE
PERCENTAGE OF "PROBLEM LOANS" IN THE UKRAINIAN BANKING
SYSTEM IS CALCULATED AT 20%.
3. ACCORDING TO THE NATIONAL BANK OF UKRAINE (NBU)
RATING, PUBLISHED MONTHLY, THE STRONGEST UKRAINIAN
BANKS AT THE PRESENT TIME ARE: THE FIRST UKRAINIAN
INTERNATIONAL BANK (KIEV); BROKBIZNESBANK (KIEV);
SLOVIANSKY (ZAPORIZHZHIA); UKRAINIAN CREDIT BANK
(KIEV); FINANCE AND CREDIT (KIEV); NADRA (KIEV);
PRAVEX-BANK (KIEV); UKRSIBBANK (KHARKIV); MT-BANK
(KREMENCHUK; POLTAVA REGION); VA-BANK (KIEV); CREDIT-
DNIPRO (DNIPROPETROVSK); CREDIT LYONNAIS UKRAINE
(KIEV) AND RAIFFAIZENBANK (KIEV).
4. PROBLEMS COMMON TO ALL COMMERCIAL BANKS IN UKRAINE
INCLUDE: UNCERTAIN MACROECONOMIC CONDITIONS; THE VALUE
OF CREDIT RESOURCES; AND THE THREAT THAT INFLATION CAN
NOT BE KEPT UNDER CONTROL. DESPITE A 60 PERCENT
DEVALUATION OF THE HRYVNA IN 1999, AND US$ 30 MILLION
LESS IN PROFITS COMPARED TO 1998, INSIDERS INDICATE
UKRAINE'S BANKING SYSTEM HELD ITS OWN IN 1999. THE
BANKING INDUSTRY IS EXPECTED TO SEE A TURNAROUND IN
2000. DEVELOPMENTS ON THE POLITICAL FRONT ARE THE
BASIS FOR THE BANKERS' OPTIMISM. FORMER NATIONAL BANK
GOVERNOR, VICTOR YUSHCHENKO, NOW HEADS UKRAINE'S
GOVERNMENT AS PRIME MINISTER, WHICH BODES WELL FOR
REFORM IN THE BANKING SECTOR.
5. LIST OF THE LARGEST UKRAINIAN BANKS:
1) AVAL
9, LESKOVA ST., KYIV 252011, UKRAINE
TEL: (380-44) 294-9691, 295-7003, 296-9234
FAX: (380-44) 295-3231
HTTP://WWW.AVAL.KIEV.UA
2) BROKBUSINESS BANK
41, PEREMOHY AVE., KYIV 03057, UKRAINE
TEL/FAX: (380-44) 231-1870, 231-1850
3) CREDIT-DNIPRO
17, LENINA ST., DNIPROPETROVSK 320070, UKRAINE
TEL: (380-562) 44-2227,
FAX: (380-562) 44-2207
E-MAIL: BOLSHAKOVA@KDB.DP.UA
4) CREDIT LYONNAIS
23A, VOLODYMYRSKA ST., KYIV 252001, UKRAINE
TEL: (380-44) 490-1400
FAX: (380-44) 490-1402
5) EXPORT-IMPORT BANK OF UKRAINE
127, GORKOHO ST., KYIV 252150, UKRAINE
TEL: (380-44) 247-8045, 268-3416
FAX: (380-44) 247-8082
6) FINANCE AND CREDIT
60, ARTEMA ST., KYIV 254050, UKRAINE
TEL: (380-44) 216-2588, 290-2145
TEL/FAX: (380-44) 247-6970, 247-6971
FAX: (380-44) 484-2571, 484-4613
7) FIRST UKRAINIAN INTERNATIONAL BANK
9, VELYKA ZHYTOMYRSKA ST., KYIV 01025, UKRAINE
TEL: (380-44) 462-0481
FAX: (380-44) 462-0483
-MAIL: KHO@FUIB.COM
HTTP://WWW.FUIB.COM
8) MT-BANK
59, BUTYRINA ST., KREMENCHUK 315317, UKRAINE
TEL/FAX: (380-5366) 2-0018
E-MAIL: GREBINSKY@MAIL400.UKRPACK.NET
9) NADRA BANK
15, ARTEMA ST., KYIV 254053, UKRAINE
TEL: (380-44) 238-8400,
TEL/FAX: (380-44) 238-8415
E-MAIL: ATOL@NADRA.VIADUK.NET
10) NATIONAL BANK OF UKRAINE
9, INSTYTUTSKA ST., KYIV 252601, UKRAINE
TEL: (380-44) 293-5973, 293-5225, 291-0108, 293-0180
FAX: (380-44) 293-4204
HTTP://WWW.BANK.GOV.UA
11) PRAVEX - BANK
9/2, KLOVSKY UZVIZ, KYIV-21 252021, UKRAINE
TEL: (380-44) 294-8180
FAX: (380-44) 294-8103
12) PRIVATBANK
50 NABEREZHNA PEREMOHY, DNIPROPETROVSK 320094, UKRAINE
TEL: (380-562) 39-0511
FAX: (380-562) 78-5474
E-MAIL: PRIVAT@PBANK.DP.UA
13) PROMINVESTBANK
12, PEREVULOK SHEVCHENKA, KYIV 252001, UKRAINE
TEL: (380-44) 226-2032
FAX: (380-44) 229-1456
14) RAIFFAIZENBANK
9/2, CHERVONOARMIYSKA ST., KYIV 252004, UKRAINE
TEL/FAX: (380-44) 224-1446
15) SLOVIANSKY
8, KREMLIVSKA ST., ZAPORIZHZHIA GSP 225, 330600,
UKRAINE
TEL: (380-612) 52-1325, 44-1607
FAX: (380-612) 12-8574
E-MAIL: ROOT@SLAV.UCOM.DP.UA
16) STATE SAVINGS BANK OF UKRAINE (OSHCHADBANK)
12 HOSPYTALNA ST., KYIV 252028, UKRAINE
TEL/FAX: (380-44) 462-0690
HTTP://WWW.OSCHADNYBANK.COM
17) UKRAINE
10, RYLSKY LANE, KYIV 252025, UKRAINE
TEL: (380-44) 244-1616, 244-1506
FAX: (380-44) 229-0239, 244-1515
18) UKRAINIAN CREDIT BANK
37 PEREMOHY AVE., KYIV 252056, UKRAINE
TEL: (380-44) 236-9631
FAX: (380-44) 230-2386
E-MAIL: ROLEG@VIADUK.NET
19) UKRSIBBANK
60, MOSKOVSKY AVE., KHARKIV 310005, UKRAINE
TEL: (380-572) 21-9212
FAX: (380-572) 28-2620
E-MAIL: ROT@UKRSIB.KHARKIV.UA
20) UKRSOTSBANK
29, KOVPAKA ST., KYIV 252006, UKRAINE
TEL: (380-44) 269-0836
FAX: (380-44) 269-1307
E-MAIL: INFO@CB.UKRSOTSBANK.COM
21) VABANK
5, ZOOLOHICHNA ST., KYIV 254119, UKRAINE
TEL: (380-44) 216-0157, 219-4499, 219-3166
FAX: (380-44) 216-0033
E-MAIL: BANK@VABANK.COM.UA
HTTP://WWW.VABANK.COM.UA
6. FOR DETAILED INFORMATION ON THE BANKING SECTOR OF
UKRAINE, PLEASE CONTACT YOUR NEAREST USDOC EXPORT
ASSISTANCE CENTER, WITH A COPY TO: DAVID HUNTER, CS
KIEV SENIOR COMMERCIAL OFFICER; OR OLENA STEPHANSKA,
CS COMMERCIAL SPECIALIST:
THE COMMERCIAL SERVICE, U.S. EMBASSY KIEV
7 KUDRIAVSKY UZVIZ, KIEV 04053, UKRAINE
TEL: (380-44) 417-1413, 417-2669
FAX: (380-44) 417-1419
E-MAIL: OLENA.STEPHANSKA@MAIL.DOC.GOV