KIEV, March 24 – The international credit crisis has made it more difficult for Ukrainian banks with national capital to access financial resources on foreign markets, and gives considerable advantages to banks operating in Ukraine with foreign capital, according to Petro Poroshenko, head of the National Bank of Ukraine (NBU) Council.
"The gap between the cost of funds for Ukrainian banks and banks with foreign capital, which have sources for raising cheap resources, is growing. Due to this fact, banks with foreign capital receive larger margin on the Ukrainian market, making Ukrainian banks operate in tough conditions, violating the principles of free competition," he said after a congress of the Association of Ukrainian Banks.
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