16 April 2015 Market Reviews

Daily Insight

Ukrainian banks slowly replenish their capital

In its published statistics on banking sector average ratios as of March 31, 2015, the NBU reported that the regulatory capital adequacy ratio (RCAR) improved from 7.37% to 8.35%. Although higher, thi ...

ICUDailyInsight-20150416.pdf  (765.4kb)

15 April 2015 Market Reviews

Daily Insight

Liquidity continues to recover

Broader banking sector liquidity continued to recover yesterday, up UAH2.37bn to UAH55.06bn, due to the UAH1.66bn increase in total local currency debt repayments scheduled for the next 30 days to UAH ...

ICUDailyInsight-20150415.pdf  (769.6kb)

14 April 2015 Market Reviews

Daily Insight

FX rate likely becoming secondary

For the second consecutive year, the run-up to the upcoming period of two national holidays - Labor Day on May 1 and Victory Day on May 9 - is characterized by market uncertainty. Last year, Russian m ...

ICUDailyInsight-20150414.pdf  (580.9kb)

10 April 2015 Market Reviews

Daily Insight

Liquidity recovers due to inflows

Only due to significant inflows from the NBU did banking sector liquidity slightly recover yesterday. Broader banking sector liquidity rose UAH1.66bn to UAH52.64bn, as banks’ correspondent accounts wi ...

ICUDailyInsight-20150410.pdf  (775.8kb)

9 April 2015 Market Reviews

Daily Insight

Metinvest reports FY14, plans debt restructuring

Because of the military conflict in Donbass and declining prices for steel and iron ore, Metinvest’s revenues declined 18% to US$10.6bn, while EBITDA increased 14% to US$2.7bn, boosted mainly by the h ...

ICUDailyInsight-20150409.pdf  (794.9kb)

8 April 2015 Market Reviews

Daily Insight

Non-market domestic bond issuance

According to yesterday’s NBU data on bondholders’ portfolios, bonds outstanding increased about UAH8.0bn this Monday in the other residents’ portfolio. As the Cabinet of Ministers adopted a resolution ...

ICUDailyInsight-20150408.pdf  (774.2kb)

7 April 2015 Market Reviews

Daily Insight

FX reserves rise in March thanks to IMF

The NBU reported yesterday that its FX reserves as of the end of March rose from US$5.6bn to US$10.0bn as a result of the US$4.9bn IMF tranche and the CAD200m Canadian government loan. The net volume ...

ICUDailyInsight-20150407.pdf  (679.8kb)

6 April 2015 Market Reviews

Daily Insight

Liquidity recovers slightly

Broader banking sector liquidity rose UAH1.74bn to UAH50.95bn as banks’ correspondent accounts with the NBU rose UAH1.51bn to UAH24.29bn while total CDs outstanding rose UAH0.23bn to UAH16.28bn last F ...

ICUDailyInsight-20150406.pdf  (632.2kb)