Page 46 - UKRRptFeb23

UAH 3.9B. At that time, immovable and movable property, property rights, and goods in circulation were all placed in the bank’s control. The starting price of the lot’s sale is UAH 3.87B ($10M).
EBRD expects record 2022 loss due to Russia, Belarus portfolio. The European Bank for Reconstruction and Development had around $1bn in its Russia and Belarus-focused portfolio before Russia unleashed its full-scale war against Ukraine. This portfolio is “fully provisioned”, according to president Odile Renaud-Basso, who spoke to Reuters on the sidelines of the World Economic Forum in Davos on January 19.
A Ukrainian bank plans to enter the Polish market. Monobank intends to enter the Polish market under the name Stereo, said the bank's co-founder Oleg Horohovskyi. Users mention banking among the advantages that Ukrainians have in Ukraine but not in Europe. According to current data, there are three million Ukrainians in Poland. “First, we want to give them a convenient service, which they are used to in Ukraine, and will show them how it should work,” Horokhovskyi said. Undoubtedly, the work of Monobank in Poland will be aimed not only at refugees from Ukraine but also Polish citizens. To open a Stereo account, you must be in Poland and have a PESEL (Poland’s personal identification number). As the bank’s co-founder,
explained, this project envisages convenient money transfers from Poland to Ukraine in addition to the bank's usual services.
8.2 Central Bank policy rate
46 UKRAINE Country Report February 2023 www.intellinews.com