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23 November 2021

Raiffeisen Bank leads the ranking of Top 20 most reliable banks in Ukraine

Once again Raiffeisen Bank ranked as the first one in the ranking of Top 20 most reliable banks in Ukrainecompiled by the Ukrainian magazine Novoe Vremya together with the investment company Dragon Capital. 

According to NV, the main trend of the banking system is the growth for lending. Retail lending, set by the international rating agency Fitchis growing by 25%, while corporate lending  by 22%. Raiffeisen Bank has always focused on lending to large corporate clientsespecially in the agricultural sectorFrom the beginning of 2021, the bank showed the return of 36% equity and the growth of loan portfolio by 36%. 

"Raiffeisen Bank is the one among banks that has both the reliable shareholder structure and strong operating results at the same time,"  explains leadership of the bank Anastasiia Tuyukova, banking analyst from Dragon Capital. 

Additionally, to success in corporate lending, Raiffeisen Bank is eager to increase retail lending. ATB card from Raiffeisen Bank is the bright start, as more than 430,000 cards have already been issued. 

Moreover, Raiffeisen Bank is resuming mortgage lending programms. "Our goal is to grow faster at the market, faster than Ukraine's nominal GDP,"  said Serhiy Kolodiythe bank's chief macroeconomist. 

Full article can be found via the link 


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