Fintechs vs. banks? Time to clear up the competition myth

Jul 18, 2019 | Business, Trends

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...

Life in Chernobyl has found a way forward

Jul 17, 2019 | Culture

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...

The Carpathians: A personal guide to the magic mountains

Jul 11, 2019 | Culture, Economics

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...

Ukraine: Recovery and market opening attract foreign investors

Jul 8, 2019 | Economics, Trends

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...

Efficiency and innovation are the basis for success in agribusiness

Jul 4, 2019 | Business, Economics

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...