Page 47 - UKRRptFeb21

Service reports that 35% of the 11,250,000 border crossings out of Ukraine last year were to Poland. While Ukrainians were largely barred from visiting the EU for tourism in 2020, travel was permitted for work. Outbound crossings were: Poland – 4mn; Hungary - 1.6mn; Russia – 1mn; Turkey – 965,000; Egypt – 730,000; Romania – 626,000; Belarus – 496,000; Slovakia – 336,000; Moldova – 328,000; Germany – 222,000; and UAE – 100,000. Ukraine received 3.4mn foreigners, 30% of the outbound flow.
8.0​ Financial & capital markets 8.1​ Bank sector overview
Ukraine’s banking sector was one of the star performers during 2020. Thanks to the previous clean up of the sector by the NBU it was well prepared to cope with the shocks to the system. ​The prudential ratios remain healthy and the sector remains reasonably profitable. The sector is well set to bounce back in 2021. Banks finished 2020 with their best profits in four years, behind the levels of profit in 2019 but well ahead of the previous two years.
47​ UKRAINE Country Report​ February 2021 ​ ​www.intellinews.com