JSC “OTP BANK” offers its customers the opportunity to take out a loan for an electric car of any brand, both new and used, guaranteeing transparency and simplicity of conditions and an individual approach to each borrower. This was stated by Vitaliy Skorobohatyi, Head of Car Lending Development Department of OTP Bank.
“With the support of the Bank, the path to the coveted electric car can be as quick and easy as possible. We are convinced that the purchase of an electric car with financing is a profitable solution that will allow the client to use modern environmentally friendly transport today, without putting off life for later. New or used car, brand, specifications, and condition – everyone is looking for the perfect match. We will help you choose the best option according to your budget and needs. You can get the money for the car within one day,” said Skorobohatyi.
The electric car market is developing rapidly. According to experts from the Automotive Market Research Institute, more than 3,000 imported used cars are sold in Ukraine every month on average, about 2,000 units are sold through domestic resale, and almost 1,000 new electric cars are sold. The key advantage of an electric car is its innovation and environmental friendliness.
The top five most popular electric vehicles purchased by Ukrainians in 2024 with the financial support of OTP BANK are:
– Tesla
– Nissan
– Volkswagen
– BYD;
– Honda.
“The bank gives its customers complete freedom in choosing a car. We do not set any restrictions on the condition, age or mileage. We do not require a deposit and compulsory hull insurance. We are ready to support both the buyer’s independent choice and help with the selection of a car, as we have an extremely wide network of partners throughout Ukraine,” added the head of the car loan development department.
We would like to remind you that OTP BANK offers from UAH 10,000 to UAH 750,000 of loans for used cars. The down payment is 10% of the cost of the car. There is a fixed interest rate for the entire term of financing, and there are no hidden fees or commissions. The loan term is up to 5 years.
Risks in the European insurance sector are stable, generally average, with pockets of vulnerability arising from market volatility and real estate price movements. The European Insurance and Occupational Pensions Authority (EIOPA) notes such data on its website in its Insurance Risk Dashboard for January 2025, published on January 31.
According to the report, macroeconomic risks remain stable, at a medium level, GDP growth and inflation forecasts are also stable. Geopolitical tensions are changing the global dynamics, heightening concerns about reduced international cooperation and escalating risks and uncertainty in the years ahead.
Market risks remain at their highest levels. While bond volatility has stabilized, it remains above historical standards. Liquidity and funding risks are at medium levels but are trending upwards due to the gradual increase in risks across various metrics over the past year and the deterioration in funding conditions in the fourth quarter of 2024.
At the same time, solvency and profitability risks remain at an average level. Solvency ratios for insurance groups and solo companies in the insurance segment other than life insurance showed a slight improvement in the third quarter of 2024, remaining largely unchanged for life insurance companies.
Credit risk, insurance risks, market perception, even interconnection and imbalance risks are rated at average levels.
This Solvency II-based insurance risk dashboard summarizes the main risks and vulnerabilities in the European insurance sector through a set of risk indicators for the third quarter of 2024 and the end of 2023. The data is based on financial stability and prudential reporting collected from 93 insurance groups and 2,153 individual insurance companies. The Solvency II information is supplemented by market data with a deadline date of end-December 2024.
In 2024, PZU Ukraine Insurance Company (Kyiv) collected UAH 2.033 billion in net premiums, which is 83.4% more than in 2023, according to the insurer’s interim data posted in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
At the same time, written premiums for the reporting period increased by 65.1% to UAH 2.170 billion. UAH 136.9 million was ceded for reinsurance, which is three times more than in the previous year.
In 2024, the company paid claims for UAH 2.205 billion, which is 4.6 times more than in 2023.
Gross loss amounted to UAH 172.013 million, financial expenses – UAH 39.976 million,
Last year, the financial result before taxation amounted to minus UAH 4.635 million, and the net loss was UAH 4.449 million.
PZU Ukraine is supported by one of the largest insurance groups in Central and Eastern Europe – PZU Group, which includes the parent company of PZU Ukraine – PZU S.A.
2,573 applications for trademark registration were filed by foreigners in 2024, according to the Ukrainian National Office of Intellectual Property and Innovation (UKRIPO). More than 40% of them belong to companies from the US, Cyprus, and Switzerland. Most of them are engaged in medical/veterinary products and advertising and administration.
2.5 thousand applications for trademark registration were filed in Ukraine last year. This is 37% less than before the full-scale trademark reform, when more than 4 thousand applications were filed.
We keep track of companies ‘ trademarks in Opendatabot.
18.4% of all applications belong to companies from the United States, and another 12.5% – from Switzerland. The top three countries in terms of applications are Cyprus – 9.7%. Businesses from China, the United Kingdom, and Poland were also actively applying for registration.
The top 5 applicants include the following companies:
● Philip Morris Products S.A. – 91 applications;
● Mistral Capital Management Limited – 69;
UPL Mauritius Limited – 69;
British American Tobacco (Brands) Inc;
Farmak AG – 45.
The most frequently filed trademarks last year were those related to:
● medicinal products for medicine, veterinary medicine and hygiene – 711 applications or 27.6% of the total
● advertising, administration and office services – 472 or 18.3%,
Tobacco products, accessories and substitutes – 341 or 13.3%;
Scientific, electronic and optical instruments – 306 or 11.9%;
● cosmetics, care products and household chemicals – 282 or 11.0%.
FELIX TRADE PTE. Ltd. became the record holder, having filed for registration a trademark with 20 areas of activity.
https://opendatabot.ua/analytics/foreign-trademarks-2024
Ukraine and Egypt may sign a free trade agreement that will expand the range of products traded between the two countries, according to Vitaliy Koval, Minister of Agrarian Policy and Food.
The Minister noted that the trade turnover of agricultural products between Ukraine and Egypt increased in 2024. In particular, the export of Ukrainian agricultural products increased by 32% compared to 2023 and amounted to $1.4 billion. It is based on corn, wheat, soybeans, and oil. Egypt supplies Ukraine with citrus fruits, potatoes, nuts, and more.
According to the minister, Egypt is interested in expanding cooperation, particularly in the field of livestock and exports of Ukrainian meat. At the same time, there are factors that hinder the development of trade, including veterinary and phytosanitary restrictions.
The parties discussed issues of processing and storage of agricultural products, the use of modern technologies to reduce food losses and increase production efficiency. The Ukrainian side is represented by Taras Kachka, Deputy Minister of Economy and Trade Representative of Ukraine, and Serhiy Tkachuk, Head of the State Service of Ukraine for Food Safety and Consumer Protection.
The Ukrainian delegation has already held talks with the Minister of Agriculture and Land Reclamation Alaa El-Din Farouk and the Minister of Supply and Internal Trade of Egypt Sharif Farouk. The parties discussed prospects for bilateral partnership in agriculture and food security.