By Galina Tsvintarnaya, Raiffeisen Bank Aval, Ukraine | “Give me a thousand years – I’ll paint the sky and will not repeat!”, Ivan Marchuk Ivan Marchuk is a renowned artist, a patriarch of the Ukrainian avant-garde, a legend of the Ukrainian painting, a genius who created about 5,000 works, opened more than 150 monographic and […]
By Gunter Deuber, RBI and Mykhailo Rebryk, Raiffeisen Bank Aval in Ukraine | The Ukrainian banking market is probably the most dramatic boom-bust story in the CEE region. From 2000 onwards, the ratio of loans to GDP rose from around 10 percent to almost 80 percent (2008-09). During this time, many foreign and western banks […]
By Galina Tsvintarnaya, Raiffeisen Bank Aval in Ukraine | “We are not afraid to be different, after all we believe that each of us is beautiful thanks to our own uniqueness. You just need to believe in yourself and your power and be steady in your purpose”, KAZKA band’s vision. The Ukrainian band KAZKA (“fairy […]
By Oleksandr Kryshtal, Raiffeisen Bank Aval | Fintech primarily refers to innovations in the financial sector. Such innovations may include a new customer experience, a completely new product or modernization of cross-banking technology. Fintech has the ability to bring banking into the modern age offering advanced solutions to the financial services world. However, some time […]
By Galina Tsvintarnaya, Raiffeisen Bank Aval | “The further we move in time from the disaster, the more it seems like a myth – and the more difficult it becomes to grasp its real-life roots and consequences”, Serhii Plokhy, the author of the book “History of a Tragedy” awarded with the Baillie Gifford prize. I […]
By Dmytro Sologub, Deputy Governor of the National Bank of Ukraine | Central banking is a tough job. It requires making policy decisions in an uncertain environment under pressure from the various groups of interests. Hence, I’m often asked both in my public and private interactions: How do you relax from your challenging office work? […]
By Mykhailo Rebryk, Raiffeisen Bank Aval in Ukraine, and Andreas Schwabe, RBI | Ukraine’s economy was very volatile during the last decade, having endured two recessions in 2009 and 2015. Now, however, in 2019, the country is in its fourth year of recovery. Annual growth in 2018 was 3.3 percent, the highest in seven years. […]
By Galina Tsvintarnaya, Raiffeisen Bank Aval, Ukraine | Alex Lissitsa is the CEO of IMC, an integrated agricultural business company, and president of the Ukrainian Agribusiness Club, an association representing the interests of over 100 leading Ukrainian agro-food companies. Lissitsa was born in Chernihiv region in Ukraine, studied at the National Agricultural University of Ukraine […]
In July, the Discover CEE spotlight is on Ukraine! Watch out for several blog posts on Ukrainian business, culture and success stories. Today, we have the most interesting economic data and cultural facts about Ukraine at a glance for you. The fact sheet is also downloadable in print version. Click here to print the fact sheet: Ukraine […]
By Galina Tsvintarnaya, Raiffeisen Bank Aval | Founded in December 2015 in the Vinnytsia region in Ukraine, Biofarm Organic Company is a new-generation agricultural company, which grows, on the basis of organic farming principles, and sells organic crops and berries, mostly for export. Svitlana Viyazlovska, co-founder of Biofarm Organic Company, talks about her organic business […]
This time we have an interesting initiative from Ukraine for you, in which also Raiffeisen Bank Aval plays a role: “Watch Ukrainian – create your future” is a project, launched by the Association “Contributing to the development of filmmaking in Ukraine – watch Ukrainian!”, which aims at connecting the Ukrainian filmmaking community with leading communications […]
You cannot talk about Eastern Europe, without mentioning caviar. Here’s the portrait of a Ukrainian entrepreneur, who breeds the black gold in an ecologically and socially responsible manner. Osetr is a black caviar producing company in Ukraine, located in the town of Ukrainka, 20 kilometers from Kyiv. The aquaculture enterprise with a closed cycle production, […]