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Deposit Guarantee Fund’s Svitlana Rekrut: Cleanup progressing

Seven years after “bankpocalypse,” the orgy of insider lending and bank fraud that left only 73 banks standing from a high of more than 180 on the …
Igor Kossov

Experts: Banks should speed up sale of non-performing assets (VIDEO)

At least $11 billion in non-performing loans from deadbeat borrowers is still on the books of the country’s state banks, an amount that equals about …
Asami Terajima

Bank robbers roam free

The long-term consequences of corruption are clear everywhere in Ukraine. The Kyiv Post’s March 31 Kyiv Post Legal Talks webinar on the banking sector …
Kyiv Post

Kyiv Post webinar tackles Ukraine’s ‘mountain of bad debt’

It’s supposed to work this way: A customer borrows money from a bank and repays it over time, with interest. It also works that way in Ukraine for at …
Brian Bonner

Unpunished Bank Fraud

Editor’s Note: The Kyiv Post today starts a four-part series called “Unkept Promises” about the lack of progress in four key areas since President …
Jack Laurenson
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Igor Kossov

Banker Busts: After $20 billion in losses, justice on the way?

The word “chutzpah” is often defined with an anecdote: A man murders his parents and then begs for mercy in court because he is an orphan. By that …
Matthew Kupfer
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Denys Krasnikov

Brian Bonner: Why many at the top don’t want to talk about asset recovery

Many in Ukraine and in the world want to talk about how Ukraine will recover the $40 billion in assets stolen since 2010, more than a quarter of it …
Brian Bonner

Deadbeat lawmaker enrages creditors with $800 million in unpaid loans

The story involves Westa, a battery producer, which was owned by Denys Dzenzerskiy, a Dnipro lawmaker with the People’s Front led by ex-Prime Minister …

Vorushylyn: Deadbeats should be exposed publicly; nation should hire asset-recovery prosecutors

They were people whose loans have not been paid out by Bank Mikhailovsky, which was declared insolvent on March 23. The bank’s owner, Viktor …
Ilya Timtchenko

Delta Bank customers lose hope as big players walk away with millions from one of biggest bank failures

The bank’s management, its owner Mykola Lagun and the central bank have been accused of wrongdoing by depositors, journalists and members of …

Governor Gontareva says that corrupt legal system is biggest obstacle to fighting bank fraud

About $11.4 billion has been looted from Ukraine’s banks in recent years and Ukrainians, directly and indirectly, will be paying for the grand-scale …
Brian Bonner

Vorushylyn, Poroshenko’s business partner, heads up fast-growing Deposit Guarantee Fund

Vorushylin started his professional career in Aval Bank. But in 1994, he was hired as the first deputy CEO at joint stock commercial bank Mriya …

In regulating a disaster, Gontareva brings close ties to Poroshenko

Valeria Gontareva became the first woman to lead the Ukraine’s central bank two years ago, after more than 20 years in the country’s financial …
Olena Savchuk

Editor’s Note: Ukraine’s great bank robbers

Clearly, we at the Kyiv Post have been sleeping all these years because we keep missing our chances to get rich in Ukraine. The nation’s now-disgraced …
Kyiv Post

Israeli bank buys stake in Ukrinbank

Israel’s largest bank, Hapoalim, announced the acquisition of a 75.8 percent stake of the Ukrainian Innovation Bank (Ukrinbank) for $136 million. The …
Maria Petrova

Ukrainian-owned bank opens Wall Street office

The State Export Import Bank of Ukraine opened a representative trade office on New York’s Wall Street last week. Ukreximbank’s debut marks the first …
Wire reports

Goldman buys small stake in Dragon

Dragon Capital, a leading Ukrainian securities brokerage and investment bank, announced Dec. 19 that it sold a “small minority” stake in its parent …
Mark Rachkevych

Ex-ING exec to open investment bank

Valeria Hontareva, a wellknown Kyiv banker, has recently left her position as top manager at ING Bank Ukraine to open a full-service investment bank …
Mark Rachkevych
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