Tension Factor in the Banking Sector

The article is written by Dmitriy Abramenko, Counsel, and Daria Korotchenko, Associate, for Handbook for Foreign Clients - Ukrainian Law Firms 2016

In the aftermath of the global financial crisis and the more recent national crisis in the Ukrainian financial system caused by military activities and depreciation of national currency, banks and other financial institutions are in decline. That is why they need now, more than ever, to be changed and developed.

However, today banks are in submarginal condition not only due to ...

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