Monday, April 30, 2012

Banks included in the top 10 banks are going to begin to build market share.

To date, major financial institutions of the country set about building up its stake in the assets of the banking system. Market participants before the end of 2012, expect that the concentration of assets in the hands of the banks included in the Top 10 can be significantly increased. As stated, "Economic News", that "Since the beginning of 2012 the banking system of Ukraine will continue the process of concentration of assets in the country's major banks." "Loans of banks of Ukraine as of 2011 rose 10%, while the assets, the popular Private Bank significantly increased by 21%." Analyst at Concorde Capital reported that "This trend will continue to move forward and will not change its direction in the current year." According to the analyst, a marked increase in bank assets as of the current year amounted to about 5%, so they will begin to grow much faster than the big banks, including domestic.
Based on the predictions of the expert Concorde Capital, a year banking assets will grow by 3-4%. It should be noted that not all bankers confirm this prediction.
According to Dmitry Sologub, who is head of analysis and research of Raiffeisen Bank Aval, that "the fate of the ten largest banks with total assets of the banking system kept near a mark of 50% for several years, so the report increases concentration, which affected the banking system, 2012 does not have to. "
According to Dmitry Sologub, trends, 2010-2011. survived to the present day, this is due to the slow growth of foreign banks in Ukraine.
Financiers rendered an opinion that today the best prospects for growth assets have exactly the Ukrainian banks are in the top 10 as well as it concerns the Russian financial institutions, which at the moment began to develop rapidly.

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