The US, EU and UK have imposed an increasingly complex regime of sanctions on Russia as the war in Ukraine has evolved.

The war has led to difficult circumstances for the global financial system, leaving central banks with a tough choice. 

Sharon Easky, chairperson of PrivatBank’s supervisory board, on the legal challenges which followed the bank’s nationalisation and the ongoing struggle to bring reform to Ukraine.

Consolidation and nationalisation of banking sector should help withstand pandemic fallout.

Economic fallout from pandemic has slowed reforms – but should not derail them.

The Banker’s Top 100 CIS Banks ranking shows the region's banks are performing steadily. Though Tier 1 capital growth slowed, return on both assets and capital are on an upward trend.

Ukraine’s banking sector is often celebrated as the section of the country’s economy that has seen the most effective reforms. Yet the past 12 months have highlighted just how much work remains to be done. Stefanie Linhardt reports.

Ukraine greeted 2017 with cautious optimism, as its GDP ticked up and a banking sector shake-up proved successful. Now a blockade of the separatist east threatens to stall economic recovery, while political complications could slow the reforms crucial to attracting investment. Stefanie Linhardt reports.

Recent years have seen a shake-up of Ukraine’s banking sector that has halved the number of institutions in the country and culminated in the nationalisation of its largest lender, Privatbank. Yet challenges remain, with more casualties likely as small and Russian state-owned banks come under scrutiny. Stefanie Linhardt reports.

Valeria Gontareva, who will leave her post as the governor of the National Bank of Ukraine in May 2017, tells Stefanie Linhardt how foreign exchange intervention and a floating exchange rate are helping the bank meet its ambitious targets.