Ukraine’s banking sector during the war: Is stability enough?

The Institute for Economic Research and Policy Consulting, the Centre for Economic Strategy, and the German Economic Team would like to cordially invite you to an expert discussion on Ukraine’s banking sector based on the joint Banking Sector Monitor.

After more than 600 days into the war, Ukraine’s banking sector continues to demonstrate remarkable resilience and keeps functioning as the backbone of the real economy. No bank-runs have occurred, the capital adequacy ratio (CAR) is appropriately high, and the liquidity coverage ratio far exceeds required levels. In addition to crucial reforms since 2014, comprehensive measures by the National Bank of Ukraine (NBU) and a strong level of digitalization are key reasons for the observed stability.

However, a large liquidity buffer is not only a sign of resilience but also reveals lack of lending that strongly declined compared to pre-war levels. At the same time, lending to the private sector is supposed to be a key driver for financing economic reconstruction. In this context, our online event will discuss measures to sector’s challenges under extraordinary war conditions.

• Is the sector’s stability enough to keep its role as backbone of the real economy?
• How to balance liquidity buffer and lending to the real economy?
• What shall be the sector’s role in Ukraine’s economic reconstruction?

We invite you to join our online event on 30 October 15:00 CET. Please, complete a short registration to receive the link.

Agenda:

15:00 – 15:05 Introduction, Robert Kirchner, Deputy Team Leader, German Economic Team

15:05 – 15:20 Presentation, Garry Poluschkin, Project Manager Ukraine, German Economic Team

15:20 – 16:10 Expert discussion (TBC):

• Arthur Poghosyan, Deputy Head of Ukraine, Financial Institutions at EBRD;
• Vitaliy Kravchuk, Senior Research Fellow, Institute for Economic Research and Policy Consulting;
• Oleksandr Pecherytsyn, Head of Research at Raiffeisen Bank Ukraine;
• Kateryna Rozhkova, Deputy Governor, National Bank of Ukraine;
• Vitaliy Vavryshchuk, Head of Macroeconomics Department of ICU Group.

16:10 – 16:30 Q&A

Moderated by: Maria Repko, Deputy Director, Centre for Economic Strategy

The event will be held in English.