KIEV, Feb. 7 - Ukraine's accession to the World Trade Organization will stimulate trade, but it will also make the country's financial markets more sensitive to problems in the world's biggest economies, Ukrainian bankers surveyed by Interfax said.
"Undoubtedly, bank clients will benefit: the principle of fair competition between Ukrainian banks and banks with foreign capital will help lower interest rates, expand the range of financial instruments and improve the quality of banking services. For depositors, the decline in returns on deposits will be accompanied by an increase in their security and create conditions for the growth of the stock market," said Andriy Ponomarev, treasury chief at Ukrgasbank.
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