90% of microloans are taken online
Ukrainians are taking fewer microloans than before the full-scale war. Almost 6 million loans from microfinance organizations (MFIs) totaling UAH 37.11 billion were taken out by Ukrainians in 9 months of 2024. The average loan amount increased by 1.3 times compared to the same period last year to UAH 6,190. And the total debt on microloans has almost doubled since the beginning of the year.
Ukrainians have taken out 5.9 million microloans this year. The amount of loans disbursed reached UAH 37.11 billion. Although the number of loans remained almost unchanged compared to last year, the amount of loans disbursed increased 1.3 times.
The average microloan amount increased by 28% over the year: from UAH 4,830 ($126) last year to UAH 6,190 (approximately $150) this year. It is worth noting that compared to 2021, the amount of a microloan in equivalent terms has even slightly decreased: at that time, Ukrainians borrowed an average of $168.
670 thousand agreements are concluded on average every month this year, the same as last year. For comparison, in 2021, this figure reached 1.2 million per month.
Since the beginning of this year, the total amount of Ukrainians’ microloan debt has increased 1.7 times: from UAH 9.3 billion to UAH 16.02 billion.
It is worth noting that 90% of microloans this year were taken out online, and most agreements were concluded for a period of 3 months to 1 year.
https://opendatabot.ua/analytics/mfo-2024-3
Despite the war and climate challenges, Ukrainian farmers have managed to maintain the amount of land under vegetable production. However, the leadership in the production of many crops in Ukraine is gradually shifting from households to larger market players, SEEDSwrites .
This was stated by Taras Bashtannik, President of the Ukrainian Fruit and Vegetable Association, during the conference VeggiFruits. Processing of vegetables and fruits.
Regarding the shortage of vegetables in Ukraine, which arose with the beginning of the full-scale invasion in 2022, according to the expert, it was quickly replaced and there was no shortage in terms of area, it could only occur in terms of yield.
“This year, the abnormal heat could not but affect any vegetable crop, and we see this in potatoes. But we can predict that next year, about half of Ukraine will be “in potatoes”. And then vice versa. And so on in a circle,” Taras Bashtannik is convinced.
According to the expert, not only in Ukraine, but all over the world, there are always certain factors that affect the yield of a particular crop. However, no shortage will affect the work of processing companies.
“The quick reaction of importers to a certain deficit that fills the domestic market is more about the end consumer and retail. Processing companies do not like not having contracted volumes and planned prices,” says the President of the UPOA.
In addition, Taras Bashtannik drew attention to the changes that have occurred recently in Ukraine, which concern the production processes of many crops.
“Now it is becoming easier for state statistics to account for many things, because we see a redistribution of the production of many crops from households to small, medium and large enterprises that submit at least some statistics.
Previously, 95 plus, or rather 98-99% of the production of any position was produced by households,” reminded Taras Bashtannik.
Kyivstar TV has launched a large-scale identity upgrade, transforming its logo and expanding the brand color palette.
On December 11, Kyivstar TV, a film and television platform founded by Kyivstar and 1+1 media, will celebrate its 5th anniversary. To mark the occasion, the OTT platform has updated its identity for the first time, which was developed by the creative agency I AM IDEA.
Kyivstar TV viewers were the first to notice the changes – the app icon was replaced by a new unique platform sign – the letter “K”. This sign combines two symbols: the “play” and “heart” icons – a visual metaphor that accurately reflects the idea of the service – the ability to watch the content you love. Along with the logo, the Kyivstar TV inscription was also improved.
The key prerequisite for the identity update was that the logo star, which was part of the old Kyivstar TV logo, formed an unconscious association of the audience with the parent brand. Such a visual solution was necessary for the product launch, but later the logo became more associated with Kyivstar’s telecom services than with the film and television platform. Changing the brand identity is an important step in communication that contributes to the formation of a clear product identity.
“The new logo now contains a unique sign that helps to better distinguish Kyivstar TV brand from others and emphasizes its independence. Moreover, it directly reflects what we have been working on for the past 5 years – to turn on the viewer’s love for cinema, especially Ukrainian cinema. Moreover, the new identity makes it easier to work in various collaborations with other brands, which have been numerous over the past year,” said Viktoria Maksymchuk, Kyivstar TV’s Marketing Director.
Another task of the identity update was to emphasize the content diversity of the platform with the help of color. Although the change in the design system was radical, the connection with the parent brand was preserved: 7 more colors were added to the main three colors – green, white and blue.
“From now on, the brand’s palette includes colors other than related ones. It is interesting that the color of the visual depends on the poster or frame from the content. This adds variability, adaptability and flexibility to the design system, which further emphasizes Kyivstar TV as a platform with content for every taste of the most demanding viewer,” said Yuriy Chornenkyi, Head of Marketing Communications at Kyivstar.
Head of Design Dasha Shabliyenko, designer Valeria Ignatyuk, motion designer Denis Kononenko, art directors Olena Dovgopol and Vitaliy Klymenko worked on the renewal of the identity of the film and television platform within the creative agency I AM IDEA.
For reference:
Kyivstar TV is a joint project of 1+1 media and Kyivstar, founded on December 11, 2019. It is a film and television platform that provides users with access to hundreds of thousands of hours of Ukrainian and world content, live programs, and regularly offers exclusive projects for viewing. The platform has more than 430 TV channels and a VOD library of 20,000 movies, series, cartoons and shows. Kyivstar TV is available for all mobile operators in Ukraine and all Internet providers. Find out more about the new releases on the platform in the Kino for TVtelegram channel.
Estimated number of population in regions of Ukraine based on number of active mobile sim cards (mln)
Open4Business.com.ua
Delta-Lotsman branch of the state enterprise Administration of Sea Ports of Ukraine announced a tender for voluntary insurance of employees against accidents on December 3, according to the electronic public procurement system Prozorro. As reported, the expected cost of services is UAH 4.333 million. Tender offers are accepted until December 11.
SE “Delta-Lotsman” was established by order of the Ministry of Transport of Ukraine in 1998 in order to improve the conditions for ensuring safety of navigation, protection of human life at sea and the environment, in the territorial sea of Ukraine in accordance with the requirements of international agreements and conventions, as well as to streamline the structure of marine pilot services in the north-western part of the Black Sea.
IC “Express Insurance” (Kiev) in January-October 2024 collected insurance premiums in the amount of UAH 759,1 mln, which is by 31,3% more than the same period of 2023.
According to the insurer’s website, twice as many contracts were concluded during this period.
Premiums on CASCO amounted to UAH 593,8 mln (+18,6% to 10 months-2023), on MTPL -145 mln UAH (2,3 times more), VHI -9,8 mln UAH (+9,1%). On other types of insurance UAH 20,3 mln (+36,8%).
The company also reports that in October 2024 attracted UAH 82.7 mln of premiums, which is 20.2% more than in October last year. Including premiums on CASCO amounted to UAH 63,1 mln (+8,6%), on MTPL – UAH 17,5 mln (+95,5%).
As reported, IC “Express Insurance” in January-October 2024 made payments in the amount of UAH 427,2 mln, which is by 57,5%, or by UAH 155,9 mln more than in the same period of 2023.
Including payments under CASCO amounted to UAH 357.5 mln (+51.1%), under CMTPL insurance – UAH 58.5 mln (2.3 times more), payments under other insurance contracts – UAH 11.2 mln (+16.7%).
At the same time, the company reports that in October-2024 payments to clients amounted to UAH 48 mln (+33.7%) more than in October-2023. In particular, the company paid UAH 38.4mn (+22.4%) under hull insurance contracts, and UAH 8.7mn (+2.5 times) under CMTPL insurance contracts.
Express Insurance was founded in 2008 and is a part of UkrAVTO group of companies. The company specializes in automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.
Since April, 2012 IC Express Insurance has been an associated member of the Motor Transport Insurance Bureau of Ukraine.
