Profit of Ukrainian banks in January-November 2018 totaled UAH 20 billion, and this is an 11-fold rise year-over-year, First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has said.
“The sector this year will make profit, which can be a record for more than 10 years. And most importantly it is real profit!” she wrote on her Facebook page on Thursday.
According to her, the year is not over yet, so various adjustments are possible, including the expenses on creating reserves, but the growth of interest income by almost 20% and commission income by 25% indicates that the banking sector is gradually but surely recovering.
Rozhkova predicted that in 2019, the sector income will remain high, although high interest rates will put pressure on income of banks.
Kyiv Mayor Vitali Klitschko, municipal enterprise Kyivteploenergo and international partners – the U.S. Agency for International Development (USAID), the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) – have signed a memorandum on the development of the heat and energy complex, under which Kyiv city will receive $100 million.
The press service of the Kyiv City Administration reported on Thursday that the document envisages international cooperation in modernization and development of the Kyiv’s heat and energy complex.
According to the report, under the memorandum, it is planned to build up an interim financial package of $100 million, which will finance the priority work on modernization.
“Kyiv lays the foundation for international cooperation in the modernization and development of the heat and power complex of the city. We are designing a plan to turn Kyivteploenergo into a European-level company that will provide high-quality services,” Klitschko said.
Klitschko said that the city is ready to overcome possible risks and barriers, given the imperfection of the current legislation and the difficult situation in the sphere of the country’s power system.
Foreign Service Officer at the USAID Farhad Ghaussy said that the United States actively supports the creation of an adequate level of Kyiv’s energy security.
He said that the USAID is actively cooperating with Kyiv city. It will be very difficult for the city to carry out modernization of the heat and power complex, but thanks to the assembled team it would be possible to transform it, he added.
The Cabinet of Minister of Ukraine has approved the national special-purpose social program for fighting tuberculosis for the period from 2018 to 2021.
A respective resolution was passed by the government at its meeting on December 27.
The program is based on the new global strategy of the World Health Organization (WHO) entitled “End TB Strategy” and benchmarks for a comprehensive action plan to fight tuberculosis in the WHO European Region for 2016-2020.
The implementation of the program will help reduce the number of TB cases and mortality cases resulting from tuberculosis and co-infections (tuberculosis / HIV infection / AIDS).
On the night from December, 31 2018 from 20:00 to January, 1 2019 a bright entertaining program with a look-alike show, masquerade party, an interactive musical show for children and adults – «The New Year`s fairytale», delicious hot dishes and drinks, free horse riding, surprising gifts for everyone, and fireworks will be waiting for the guests.
On December, 31 the program starts at 20:00. The end of the program around 3:00.
The ticket price to Ancient Kyiv on December, 31 2018 for adults – 395 UAH, for pensioners and students – 250 UAH, for schoolchildren – 150 UAH, for preschool children – free.
Ancient Kyiv in the “Kyivan Rus Park” is located in the vill. Kopachiv, Obukhiv district, Kyiv region.
Route taxis leave from Kyiv from the «Vydybitchi» metro station.
Details on the website: parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for the adult ticket (at full price) to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– at the cash desk at the entrance to the «Kyivan Rus Park».
Ukraine has attracted a loan of EUR 349.3 million from Deutsche Bank under the guarantee of the International Bank for Reconstruction and Development (the IBRD, the World Bank structure), according to the website of the Ministry of Finance.
According to the ministry, the funds were received in two tranches: an A tranche in the amount of EUR 53.2 million with a maturity of four years and a B tranche in the amount of EUR 296.1 million with a maturity of ten years (four years and six months after the funds are raised, the loan is subject to gradual repayment in certain amounts every six months).
Part of the guarantee of $375 million in euro equivalent of the World Bank’s total guarantee in the amount of $750 million was used for the loan.
The Ministry of Finance also said that attracting another loan under the unused part of the World Bank guarantee is expected in the first quarter of 2019.
As reported, the World Bank Board of Executive Directors on December 18, 2018 approved the provision of guarantees to Ukraine in the amount of $750 million in support of state policy.
According to a press release from the World Bank, this guarantee will help Ukraine attract about $1 billion in international markets to the national budget.
JSC Ukrzaliznytsia has put up for sale four lots of scrap ferrous metal with the total starting price of UAH 260 million at the platform of state-owned enterprise (SOE) ProZorro.Sales.
The Economic Development and Trade Ministry of Ukraine said in a Wednesday press release that the auction is scheduled for January 11, 2019. Bids can be submitted before January 10.
Ukrzaliznytsia started selling its assets via the ProZorro.Sales platform in pursuance of government resolution No. 1054 dated November 22, 2017.
“These are the first lots for the sale of Ukrzaliznytsia’s assets, which appeared in the ProZorro.Sales system, and immediately the large quantities of a strategically important resource for metallurgists – scrap metal. This is a really important precedent, since Ukrzaliznytsia is the largest owner of scrap metal in Ukraine. And now the company can carry out its sales at the market price set during the bidding through the ProZorro.Sales system,” Deputy Economic Development and Trade Minister Maksym Nefyodov said.
In turn, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov said that the company sees several positive aspects in this event.
“Firstly, the sale of scrap metal from railways is our help to the domestic metallurgical industry. After all, for these first tenders, Ukrzaliznytsia put more scrap metal than Ukrainian metallurgists imported this year up for sale. However, the main thing is that using scrap metal, for the first time Ukrzaliznytsia has made the way envisaged in the rules of managing property that the government approved and brought to us. For us, this is now an effective mechanism for effectively managing the property of the company to increase its earning power and improve the customer service,” he said.
