The Association of Ukrainian Banks (AUB), in cooperation with the state-owned Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine, has presented the Banking Sector Analytical
Platform version 2.0, which visualizes banks’ reports to the National Bank of Ukraine (NBU).
“We decided that the information currently submitted by banks as reports to the National Bank and then published on the National Bank’s website and on the banks’ websites should be processed and presented in an interesting format. This is not a commercial product, but an open tool,” said Andriy Dubas, President of the Association of Ukrainian Banks.
According to him, this platform is primarily intended to consolidate all data that is already publicly available. Its main goal is, on the one hand, to collect this data in one place and, on the other hand, to check whether there is enough information to calculate certain indicators and present it in a convenient format.
The platform is structured into four main sections: comprehensive research, analytics of individual banks from different perspectives, an overview of key indicators of the banking system, data on payment systems, and bank ratings.
The platform is built on Microsoft Power BI, and data is automatically updated from the NBU website. “This minimizes the human factor and maintains a high frequency of information updates—daily,” explained Alexander Markovsky, advisor to the AUB and co-developer of the platform.