AUB News

The purpose of the Memorandum is to develop the analytical activities of the UBA and the UTFA, as well as to promote the implementation of European policies in the banking system of Ukraine. In particular, the cooperation will focus on the development of the ESG (environment, social policy and corporate governance) sector.

In the first quarter of 2024, the UBA and UTFA plan to hold a number of events aimed at improving the efficiency of banks' cooperation with clients, taking into account ESG policies.

“The Association of Ukrainian Banks is actively developing the analytical direction of its activities. This year, the UBA has developed and implemented modern analytical tools that are publicly available on the UBA website. Cooperation with the Ukrainian Society of Financial Analysts will increase the effectiveness of the analytical direction of the Association,” said Andriy Dubas, President of the AUB.

UTFA President Yuriy Prozorov highly appreciated the analytical tools implemented by the Association of Ukrainian Banks.

“We express our respect to the Association of Ukrainian Banks as a professional community. Today, the Association is implementing the necessary analytical tools that increase the efficiency of both banks and their clients. We are convinced that this Memorandum will be an impetus for effective cooperation aimed at improving the banking system of Ukraine and implementing European policies in the banking sector,” said UTFA President Yuriy Prozorov.

Experts from the AUB and the UTFA shared their experience in applying various analytical tools to assess risks and opportunities in the current economic environment of Ukraine and the European Union. UTFA representative Andriy Kaminsky noted that cooperation with the AUB is an important step for the UTFA.

“We share common values and aspirations. I am confident that our cooperation will be fruitful and bring concrete results,” he said.