Business news from Ukraine

Business news from Ukraine

Forbes has published its ranking of business champion banks: OTP Bank is among top three

OTP Bank has been ranked among the top three business champion banks by Forbes Ukraine magazine. It took second place in terms of efficiency and stability.
The article calls OTP BANK a model of balance in key ranking indicators. “Restrained growth, no excessive liquidity, which is typical for many banks with foreign capital, but top-three efficiency and good stability,” the Forbes article notes.
In particular, OTP Bank was included in the list of banking institutions with assets exceeding $1 billion, where it ranked third. The magazine’s analytical department also compiled a list of the “Second League” – leaders among banks with less than $1 billion in assets.
In total, the magazine’s rating includes the 20 largest and most efficient banks in Ukraine. Their activities were analyzed based on an integrated indicator of efficiency (profitability), dynamics, stability, and liquidity. As stated in the article, the main task was to find out which bankers had built (or rebuilt) a high-quality banking business during three years of full-scale war. The material is available in the print version of the magazine No. 2 (35), April-May 2025.
As a reminder, in March, OTP BANK was among the top five leaders in the bank stability rating according to the Minfin portal.

 

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THERE ARE 7 REPRESENTATIVES OF UKRAINE IN NEW FORBES LIST, ALL OF THEM WENT DOWN IN RANKING

Founder and CEO of Tesla Inc. and SpaceX, Elon Musk surpassed Amazon founder and former CEO Jeff Bezos to top the Forbes list of the world’s richest people.
Musk’s fortune, according to the publication, was $219 billion as of March 11. At the same time, the amount given does not include Musk’s recently acquired 9.2% stake in Twitter.
Bezos’ net worth was $171 billion, he took second place on the list. Bezos has been the richest man in the world for the past four years.
The top 5 richest people in the world also include Frenchman Bernard Arnault ($158 billion) and Americans Bill Gates ($129 billion) and Warren Buffett ($118 billion).
Meanwhile, data cited by Forbes showed that the total net worth of the list’s dollar billionaires has fallen to $12.7 trillion from $13.1 trillion in 2021. And the list itself has become shorter by 87 positions – it consists of 2668 people. And yet, 40% of the new list of billionaires have been able to increase their wealth over the past year.
There are seven representatives of Ukraine on the list. In the highest place – 687th – Rinat Akhmetov with $ 4.2 billion. At the same time last year, with $ 7.6 billion, he occupied the 327th line.
Then come Victor Pinchuk – 1579th with $1.9 billion (a year ago – $2.5 billion), Vadim Novinsky and Konstantin Zhevago – 2190th with $1.3 billion (in 2021, respectively, $1.4 billion and $2.3 billion). billion), ex-owners of PrivatBank Gennady Bogolyubov and Igor Kolomoisky – respectively 2448th with $1.1 billion and 2578th with $1 billion (a year ago – $1.7 billion and $1.8 billion).
The list also included for the first time the co-founder of the fintech bank Revolut Vlad Yatsenko – $1.1 billion.
At the same time, the wealth of Russian billionaires has fallen by more than $260 billion. There are 34 fewer Russian citizens on the new list.
Of the 2,668 billionaires, 327 are women, up from 328 the previous year by Forbes. The number includes women who share their wealth with their spouses, the publication noted. At the same time, 101 women from the list are “self-made” billionaire, that is, they independently earned capital.
Forbes counted the most female billionaires in the USA (90), China (63) and Germany (35).

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