The Ukrainian Banking Market Is Still Awaiting a Phase of Consolidation.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c42293) has announced the addition of "Banking Market in Ukraine 2006 -Research Brief" to their offering.

This report 'Banking Market in Ukraine 2006' is a well structured and synthetic source of knowledge about the Ukrainian banking market. It provides key banking statistics and includes separated sections on retail and corporate banking. The report contains a league table of major banks with basic information including: ownership, market shares overall and segments. For the Top 5 players there is a one-page company profile including more detailed sections on clients, products and distribution network. Finally the report gives information about 12 major M&A deals in the Ukrainian banking sector closed during 2005/2006 , and provides key valuation ratios for those deals: P/A, P/BV and P/E.

Favorable macroeconomic situation.

Since 2000, after several years of decline, the Ukrainian economy has been growing quickly. The average GDP growth rate exceeded 7.4% during 2000-2005. The wealth of individuals has increased significantly as a result of accelerating wages and low unemployment. The local currency - hryvna is stable thanks to being pegged to US$. The only major concerns nowadays are persisting inflation and worsening current account balances, affected mostly by rapidly increasing natural resources prices.

Rapid market growth.

Between 2000-2006 banking assets have increased at a very high rate (almost 50% p.a. in nominal terms). Retail banking business is growing most rapidly. Households deposits and loans increase almost twice as fast as respective corporate volumes. Banking margins keep falling, but thanks to the significant assets and liabilities growth, the overall revenues and profits of banks improve.

High market fragmentation.

The Ukrainian banking sector is extremely fragmented. With almost 150 banks present in the country and very low concentration ratios: HHI* Index (-260) the market is still awaiting a phase of consolidation.

Falling margins, increasing competition and changing regulatory environment are likely to spark a next wave of M&A activity.

Good future prospects.

In our base scenario we assume that the strong economy will keep growing quickly by over 5% p.a. with the wealth of individuals increasing even faster. This will contribute to the strong growth of the banking market. In the mid term perspective, retail banking is likely to be the key growth driver with mortgage and consumer lending leading the growth. Should risks of deteriorating C/A balance, increasing inflation and possible currency devaluation materialize in the near future, the present.

Countries Covered Include:

--Ukraine

--Poland

--Czech Republic

Key Chapters Include:

1. Macroeconomic overview

2. Banking market

3. Retail banking

4. Corporate banking

5. Banks profitability

6. Banks valuation and M&A activity

7. Top banks profiles

8. Mid-term forecasts

9. Notes on methodology

Companies Mentioned Include:

--Aval bank

--Ukrsotsbank

--UkrSibbank

--Ukreximbank

--Oschadbank

--Raiffeisenbank Ukraine

--Nadra bank

--Brokbusinessbank

--Ukrprombank

--Finance and Credit

--Express-Bank

--FUIB

--Khreschatik

--Forum bank

--Pravex-bank

--Pivdenniy

--ING Bank Ukraine

--Dongorbank

--Ukrgazbank

--Creditprombank

--Credit Bank Ukraine

--VABank

--Indexbank

--HVB Bank Ukraine

--Citibank Ukraine

--Alfa-Bank

--Mriya

--Industrialbank

--TAS-Kommerzbank

--Credit-Dnepr

--Kyiv

--Imexbank

--BIG Energy

--Rodovid Bank

--ProCreditBank

--Bank for Development and Partnership

--Marine Transport Bank

--Tavrika

--MT-Bank

--Ukrinbank

--NRB-Ukraine

--Zakhidinkombank

--Calyon Bank Ukraine

--First Investment Bank

--Expobank

--Dnister

--National Investment

--Factorial-Bank

--TAS-Investbank

--Kyivska Rus

--Petrocommerce Bank Ukraine

--Poltava Bank

--Inprombank

--Intercontinentbank

--Arkada

--Aggio

--Diamant

--Electronbank

--Ukrainian Professional Bank

--Activ Bank

--Energobank

--Basis

--Noviy International

--Commerce Bank

--Transbank

--Universal Bank

--Golden Gate

--Agrobank

--European

--Mercury

--East European Bank

--Privatinvest

--Legbank

--AutoZAZbank

--Capital

--Ukrbusinessbank

For more information visit http://www.researchandmarkets.com/reports/c42293