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GISMETEO.RU
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Business    

Foreign capital will spur consolidation in banking, says NBU expert
Journal Staff Report

KIEV, Sept. 22 ??“ The arrival of foreign capital in the bank system of Ukraine will stimulate the consolidation of small banks, according to Volodymyr Mischenko, director of the National Bank of Ukraine??™s research center.

"The arrival of large [amounts of] foreign capital will lead to the merger of certain small banks, [due to] the increase in competition," he said at an annual national forum on mergers in Ukraine which opened in Kiev on Thursday.




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