Forecast of dynamics of changes in ukrainian GDP in % for 2022-2025 in relation to previous period
Source: Open4Business.com.ua and experts.news
The National Bank of Ukraine (NBU) has imposed penalties on TAScombank, as well as financial companies “Ap. Mi. Finance” and “Hertz” for a total amount of UAH 272 thousand, stated on the website of the regulator.
“TASkombank” was fined for UAH 170 thousand for providing the NBU with statistical reporting data in violation of the procedure for their formation, which led to repeated provision within six months of reporting data with insignificant errors.
Meanwhile, Ap. Mi. Finance” and “Hertz” were fined UAH 51 thousand each for late submission of reports: for December 2023 and January of the current year, respectively.
These decisions were made on the basis of the results of off-site monitoring within the framework of the payment infrastructure oversight function and came into force on March 25, 2024.
Violators are obliged to pay the fine within five business days from the date of receipt of the relevant decision of the regulator.
Ap. mi. Finance, Hertz, NATIONAL BANK, NBU, TASCOMBANK, UKRAINE
Insurance company Quorum (Kyiv) in 2023 collected insurance premiums in the amount of UAH 49.5 mln, which is 35.2% more than in the same period a year earlier, said the rating agency (RA) Standard-Rating in the information on updating the credit rating / financial strength rating of the company on the national scale at the level of “uaAA”.
It is specified that the rating was updated on the basis of the analysis of the company’s results for the mentioned reporting period.
Receipts from individuals in IC for this period have grown by 36,36%, up to UAH 30,394 mln, and from reinsurers were absent. The share of individuals in gross premiums at the end of 2023 amounted to 61,42%.
Insurance payments sent to reinsurers amounted to UAH 16,067 million, which is 66,70% higher than in the same period of 2022. Thus, the ratio of reinsurers’ participation in insurance premiums has increased by 6,14 p.p., up to 32,47%.
Net premiums of the insurer have increased by 23,92%, to UAH 33,421 mln, and earned premiums – by 20,90%, to UAH 33,296 mln.
The volume of insurance payments and indemnities made by IC “Quorum”, in 2023 compared to the year before has decreased by 31,91%, to UAH 6,468 mln, and the level of indemnities has decreased by 12,88 p.p., to 13,07%.
The company’s activity in the analyzed period was profitable. Thus, the profit from operating activities increased 8.4 times, to UAH 11.348 mln compared to 2022, and net profit – almost 12 times, to UAH 10.153 mln.
Assets of the company as of January 1, 2024 have grown by 28,92% to UAH 63,969 mln, shareholders’ equity has increased by 30,37% to UAH 56,032 mln, liabilities have shown growth by 19,50% to UAH 7,937 mln, cash and cash equivalents have grown by 47,99% to UAH 44,408 mln.
IC Quorum was established in March 2014, specializing in risk insurance.
Ukraine has sent the second batch of humanitarian cargo within the framework of Ukrainian President Volodymyr Zelenskyy’s initiative Grain frоm Ukraine to Sudan with the help of the World Food Organization, the press service of the Ministry of Agrarian Policy and Food has reported.
According to the report, the MV Future ID vessel with 14.6 thousand tons of flour made of Ukrainian wheat has already arrived in Sudan. It will be distributed in the form of food packages for 2 million people in Sudan affected by the war.
“Now in Sudan, almost 18 million people are facing acute food shortages. Of these, about five million are estimated by the UN to be in an emergency level of hunger (IPC4). The harvest of the main cereal crops (sorghum, millet and wheat) is 41% below the 5-year average. Therefore, food aid under the Grain frоm Ukraine initiative is extremely important to save lives and prevent an even worse situation,” the Ministry of Agrarian Policy emphasized.
As reported, the first batch of humanitarian cargo was delivered to the port of Khartoum (Sudan) on February 22, 2024. The vessel MV Ocean Dream delivered 7665 tons of flour made of Ukrainian wheat.
The donors of the shipment of two consignments were Germany, which provided $15 million, as well as Belgium, Canada, the Czech Republic, Hungary, Ireland, the Netherlands, the Republic of Korea, Slovenia and Spain, which allocated $23.8 million for the shipment of the second consignment of flour.
Grain from Ukraine, HUMANITARIAN CARGO, UKRAINE, VOLODYMYR ZELENSKY, Судан
Real GDP in 2021-2025 (forecast)
Source: Open4Business.com.ua and experts.news
The volume of revenues of telecom operators from international roaming services in Ukraine in 2023 increased 1.3 times compared to 2022 – up to UAH 3.96 billion and 3.3 times more than in 2021, follows from the report of the National Commission carrying out state regulation in the spheres of electronic communications, radio frequency spectrum and provision of postal services (NKEC) on Thursday.
“The above is due to the forced migration of the Ukrainian population to other countries of the world, primarily to the EU member states, due to the full-scale invasion of Ukraine by the Russian Federation,” the report said.
Revenues from mobile services in 2023 increased by 9% to UAH 61.7 billion. Of this amount, UAH 41 billion (66.4% of the total_ came from data transmission. Including Internet access – UAH 7.4 billion (12%) were voice telephony services, UAH 1.1 billion (1.8%) were number portability services.
