AUB News

On November 16, Petro Pekur, Vice President of the Association of Ukrainian Banks (AUB), took part in the Kyiv Investment Forum 2023: “Brussels Platform: Sustainable Revival of Greater Kyiv”. The forum was dedicated to the restoration and post-war development of the capital of Ukraine.

     The main panel discussions of the forum focused on the investment potential of the Ukrainian capital. Participants discussed opportunities to attract investment in various sectors of the Kyiv economy, including infrastructure, housing, IT and innovative technologies. During the forum, the European Investment Bank (EIB) and the city of Kyiv signed a new cooperation agreement. Under this agreement, the Ukrainian capital will receive strategic advisory services to transform the city's electric transport system. The agreement also provides for the preparation of large-scale investments to modernize the subway rolling stock, which will help to eliminate dependence on Russian spare parts and equipment. This new partnership will be supported by a €480,000 technical assistance grant from the Eastern Partnership Technical Assistance Trust Fund (EPTATF), managed by the EIB.

“The Association of Ukrainian Banks is working to improve the investment climate in Ukraine even during the war, to adapt the Ukrainian banking system to the requirements of the European Union. Today, we are in close dialogue with the European banking community, which stands in solidarity with Ukraine and fully supports the European vector of Ukraine's development,” said Petro Pekur.

Also during his stay in Brussels, the UBA Vice President visited the European Banking Federation (EBF) where he held talks with EBF Vice President Sebastien de Brauer. The parties discussed the possibilities of cooperation between Ukrainian and European banks in the framework of Ukraine's recovery. The EBF supports the efforts of the AUB to develop the banking industry in Ukraine, integrate the Ukrainian banking system into the EU banking system, and implement EU standards.