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of its loan portfolio consisting of SME clients and the remainder private clients at the end of 2021.
JSC OTP Bank in Ukraine is a 100 per cent owned subsidiary of Hungary’s OTP Bank Plc. SMEs and corporates make up 70 per cent of its loan book and retail clients the remaining 30 per cent. The bank was ranked 9th in Ukraine with 3.4 per cent share of total banking assets at the end of 2021.
LC OTP Leasing is the leading leasing company in Ukraine with about 39 per cent market share in terms of leasing portfolio ((which stood at US$ 505 million at the end of 2021), a stable financial position, proven track record and viable business model. It focuses on corporate clients with positive credit history, international ownership, leading market positions and balanced funding structures. OTPL provides financial leases and fleet management services to corporate and MSME clients across the country and is ultimately owned by OTP Bank Plc., Hungary.
2.4 Zelenskiy presents Ukrainian rescue plan to WEF
Ukraine presents a plan for economic victory in Davos. At the opening of the World Economic Forum, the First Deputy Prime Minister of Ukraine, Yulia Svyridenko, presented to its participants the plans that Ukraine needs to implement to win the war.
· Ukraine must become a full member of the European Union because economic, energy, and trade integration in the EU is the path to security for Ukraine.
· Ukraine needs full access to the G7 and EU markets by 2030.
· Ukraine intends to develop four key industries. The first is the
military-industrial complex and the aerospace industry. In addition, there are plans to establish joint ventures with NATO countries to transfer technology and further supply weapons to these countries.
· The second key industry should be metallurgy and mechanical engineering, and Ukraine will restore its plants and make them environmentally friendly.
· In the field of agriculture and the food industry, Ukraine's goal is to be in the top five countries in terms of volume and the value of agricultural exports.
· As for the IT industry, there is a plan to help outsourcers become product owners and developers.
· Ms. Svyridenko also stressed that the government is ready to adopt any and all legislative acts that will help create a favorable environment for business in Ukraine as well as protect property rights and the rule of law.
2.5 Politics - misc
The Russians have lost one-third of their ground combat force in
10 UKRAINE Country Report XXXX 2018 www.intellinews.com