KIEV, Sept.8 – Kiev-based Foyil Securities Investment Company has confirmed its forecast of a 40% rise in the net assets of the Ukrainian banking system in 2008, according to Foyvil analyst Ahshyn Mirzazade.

"According to data from NBU, the Ukrainian banks from January to August considerably increased their credit and deposit volumes. However, we'll have to wait for official data from the NBU to see the whole situation in assets growth. We confirm our forecast of a 40% rise in net assets in 2008," the analyst said.