HOUSE_OVERSIGHT_026140.jpg

2.04 MB
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Extraction Summary

2
People
10
Organizations
4
Locations
2
Events
2
Relationships
3
Quotes

Document Information

Type: Business proposal / investment analysis / briefing memo
File Size: 2.04 MB
Summary

This document appears to be page 7 of a business proposal or investment memo regarding the Ukrainian banking sector. The author proposes acquiring a profitable bank in Ukraine to capitalize on projected economic growth, analyzing the competitive landscape which is dominated by state-owned banks (52% share) and retreating Russian government-owned banks (8.4% share). The document discusses specific banks like Sberbank, VTB, and FUIB, and assesses the difficulties of privatizing state banks.

People (2)

Name Role Context
Mr Akhmetov Associate/Owner
Mentioned in relation to FUIB (First Ukrainian International Bank).
Unnamed Author Proposer
Uses first-person ('I would propose', 'I believe') to outline the banking acquisition strategy.

Organizations (10)

Name Type Context
NBU
National Bank of Ukraine; imposing sanctions and approval authority.
Sberbank
Russian government owned bank leaving the market.
VTB
Russian bank controlling VTB and BM Bank in Ukraine.
BM Bank
Controlled by VTB.
Prominvestbank
Russian bank announcing departure.
Norvik bank
Latvian bank agreeing to buy Sberbank.
FUIB
First Ukrainian International Bank, noted as having Ukrainian capital.
IMF
International Monetary Fund; provided economic growth scenarios.
EBRD
European Bank for Reconstruction and Development; provided economic growth scenarios.
House Oversight Committee
Implied by footer 'HOUSE_OVERSIGHT'.

Timeline (2 events)

Future projection (4-year)
Projected economic growth trend in Ukraine.
Ukraine
Undated
Sale of Sberbank to Norvik bank agreed.
Ukraine

Locations (4)

Location Context
Target market for bank acquisition and location of assets.
Location of Norvik bank.
Origin of government-owned banks mentioned.
Desired origin of the shareholder for the proposed bank acquisition.

Relationships (2)

Mr Akhmetov Ownership/Association FUIB
most notable being FUIB of Mr Akhmetov
Norvik bank Ownership Individuals of Russian origin
Norvik bank of Latvia that belongs to individuals of Russian origin

Key Quotes (3)

"I would propose the acquisition of a profitable bank with lower than the average NPL portfolio... in order to capture the projected 4-year economic growth trend in Ukraine"
Source
HOUSE_OVERSIGHT_026140.jpg
Quote #1
"The Russian government owned banks... are heavily undercapitalised being below the required norms"
Source
HOUSE_OVERSIGHT_026140.jpg
Quote #2
"the task of transforming the mentality of the staff of these banks to that similar of a private one should be close to impossible, at least for a period of 3 years"
Source
HOUSE_OVERSIGHT_026140.jpg
Quote #3

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