DAGDA LLC is company specializing in financial analytics and research. It was founded to serve the interests of investors, issuers and financial intermediaries in Ukraine. The experience of our founders plus our experts’ in-depth knowledge of the local market, combined with our financial specialization, have secured leading positions for us in the Ukrainian market right from the start. Among our clients are the largest stock exchanges of the European Union and the Asian-Pacific region, foreign investment banks and funds, respected audit, legal and consulting firms.
Ukraine needed two months to persuade International Monetary Fund (IMF) to resume negotiations about second credit tranche of $1.85 billion. The Fund’s Mission will come back to Kiev in the middle of this week – the government guaranteed passing all necessary laws, - IMF said on Friday. Continuing IMF’s program will positively affect on monetary and stock markets, experts are sure. ››››››
On March 31 DELO newspaper held a round table on Financial Potential of Ukrainian Banks Development: Criterions of Estimate and their objectivity. During the event, participants discussed one of the actual themes for Ukrainian banking sector – the state participation in banks’ recapitalization. ››››››
Yuriy Prozorov, President of USFA and Director of “DAGDA” researching company, thinks the main rescue of Ukrainian banks is nationalization. It is left only to decide on a form of state regulation; giving money to depositors of banks-bankrupt or helping active banks and increase a part of state capital in financial sector. ››››››
Real banking crisis has not been yet – the expert, President of USFA, Director of researching company “DAGDA” Yuriy Prozorov supposes. It was currency crisis and even it has already shown how weak the financial system in Ukraine is. ››››››
Demand fall on world markets caused decrease of value flaw into the country. This factor in aggregate with speculating operations on interbank market is the main reason of hryvna’s devaluation. Experts are at variance forecasting influence of these factors on national currency exchange rate. ››››››
Keeping rate at eight UAH to dollar at the cost of limiting the liquidity of banks will ruin Ukrainian economy. For UBR comment: Sergey Yaremenko, ex-deputy Governor of NBU Vitaliy Shapran, Deputy Director of rating agency, Hear of Advisory Board of DAGDA LLC More ››››››
For financial supporting of economy-developed countries, International Monetary Fund (IMF) introduced a program of “flexible credit lines”. Amounts of such credits are twice bigger traditional ones and will be given for longer period. Credit reform of IMF is possible because of increasing of the fund financing from Japan, EU and China. Experts suppose the new scheme of IMF working willl not spread to Ukraine crediting. ››››››
To increase trust of investors to “Naftogas Ukraine” parliamentarians suggest to pass the law allowing increasing statutory funds of national joint stock companies and buying their shares at the expense of public bonds. Suggested plan will allow to rise companies’ liquidity without expenses of state budget but it carries a risk of assets alienation, experts warn. ››››››
Members of the largest factions of the Verkhovna Rada have proposed a five-year stretch the payment of more than 1 billion UAH of debt insurance contributions to the Pension Fund and the strategic and coal-mining enterprises. The authors of the bill does not provide assurance that in the context of financial crisis companies, taking advantage of the restructuring, will not pile up current debt and Pension Fund will be able to find new sources for the pension payments. That is why experts apprehend the debt will be written off and Pension Fund will need additional subsidies. ››››››
Bankers estimated and admitted non-effective and negative effect of moratorium. Nearly six months have passed since its imposition and money still flow out from banks. Although volume of flow is not so big it cannot fully be stopped. ››››››
