Financial Sector

Financing of local budgets increased by 43% in 2015

12 Feb 2016

Source
The financing of local budgets over nine months of 2015 have been increased by 43% in the scope of budget decentralization.

Vice Premier and Regional Development Construction, Housing and Communal Services Minister, Hennadiy Zubko, said at a meeting of the Cabinet of Ministers, an Ukrinform correspondent reports.

English

IMF Managing Director Lagarde Gives Pessimistic Forecast on Global Economy Growth

30 Dec 2015

Source
According to Lagarde, the growth of global economy in 2016 will be disappointing and discontinuous, RBC-Ukraine reports.

English

PayPal may appear in Ukraine

19 Apr 2015

According to ukrinform.ua, Ukraine has established a working group of representatives from the National Bank of Ukraine and Deloitte (Ukraine) experts, which is developing a roadmap to remove obstacles for the largest electronic payment system PayPal to come to Ukraine, director of Deloitte Corporate Finance Department Oleksiy Aristov has said to an Ukrinform correspondent.

English

China yuan falls in global payment rankings: SWIFT

19 Apr 2015

According to yahoo.com, China's yuan has dropped to seventh place among the world's payments currencies, global transactions organisation SWIFT said Monday, even as Beijing tries to push greater international use of the unit.

English

The European Commission has lowered the outlook for euro area GDP growth

06 May 2014

According to finance.ua, the European Commission has lowered the forecast for eurozone GDP growth, noting that low inflation will remain a problem for the euro zone for at least the next two years.

Inflation in the euro area will be 0.8% this year and 1.2% in 2015 both indicators remain below the ECB target mark of 2%. Economics currency bloc, the European Commission projected to increase by 1.7% in 2015, before the commission was expecting growth of 1.8%.

English

The International Monetary Fund may distribute another credit to Ukraine

25 Apr 2014

According to n-auditor.com.ua, the decision will be passed on April 30. On Thursday, April 24, at the IMF’s meeting held in Washington an issue on disbursing additional financial aid to Ukraine was raised with ensuing decision to detail the procedure.

English

The forecast for the Ukrainian economic growths

18 Apr 2014

The Minister for Economic Development and Trade Pavel Sheremeta asserts the stabilization in the currency market of Ukraine will be possible only after receiving external finance, – reports Gazeta.ua.

"If it comes to the foreign exchange market, we are expecting that the funds the international financial organizations are going to allocate will stabilize the currency market", - Mr. Sheremeta said.

English

Financial Sector

Financial Sector
Banking, Insurance, Private Equity

The recent financial crisis dramatically shifted the world economy. Large financial companies suffered from economic recession, decrease in property prices, depreciation of equities, improvement of governmental supervision and regulation. Those companies, which were not ready for such changes came close to default. Even companies, which implemented appropriate measures to cope with current crisis situation should adapt to new economic environment and create new models of running business.

Nowadays the following challenges exist inside the industry:

Banking and Insurance

  • Necessity to create absolutely new business model oriented on relationships with customers
  • Analyzing, forecasting revenue and profit pulls inside the industry
  • In terms of strategic goals reviewing organizational structures, operational models and business processes to adapt to changing customer behavior
  • Implementing of proper risk management system
  • Forecasting the impact of increasing governmental regulations
  • Cost reduction together with high quality of services

Private Equity

  • Importance of stabilizing equity portfolios, reviewing investments and cut losses
  • Forecasting and distinguishing investment opportunities in constantly changing capital markets
  • Improving risk management policies
  • Changing investment strategy and focusing on hedging

We are recognized for implementing effective change management programs and through cooperation with our Clients. We are able to assist in such spheres, as strategic models, organizational structure, marketing, customer relationship management, operational excellence, due diligence.