Analytics
August 24 – 30, 2016
  • July’s current account (CA) deficit amounted to $354mln, while the financial account (FA) demonstrated a $447mln surplus
  • The banking system broke even in July
  • PrivatBank has approved a c. $100mln share capital increase
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August 17 – 23, 2016
  • Industrial production in July declined by 0.2% YoY, while domestic trade and agricultural output increased by 4.3% and 0.1%
  • MHP 2Q16 adjusted EBITDA (ex IAS 41) dropped by 34% YoY to $75mln
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August 10 – 16, 2016
  • Real GDP in 2Q16 grew by 1.3% YoY
  • Fitch has affirmed its IDRs for Oschadbank and Ukreximbank and upgraded the IDR for Ferrexpo to ‘CCC’
  • Ukreximbank broke even on the bottom line in 2Q16
  • FUIB reported 2Q16 net income at $9mln, up by $19mln QoQ
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August 3 – 9, 2016
  • International reserves of the NBU remained flat at $14.0bln in July
  • Consumer inflation decreased by 0.1% MoM in July
  • Oschadbank’s 2Q16 net income remained flat QoQ at $6mln
  • PrivatBank reported 2Q16 net income at $13mln
  • Ferrexpo 1H16 EBITDA increased by 17% HoH
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27 July – 2 August, 2016
  • Inflows of the Current Account (CA) and Financial Account in June increased to $241mln and $136mln, respectively
  • The National Bank of Ukraine (NBU) has reduced the discount rate by 1ppt to 15.5% and eased certain FX regulations
  • Ferrexpo has successfully repaid its $420mln PXF loan
  • Metinvest 2Q16 hot metal output has increased by 8% QoQ
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