Association of Ukrainian Banks welcomes Oschadbank's decision to join its ranks
The Association of Ukrainian Banks (AUB) announces the decision of Oschad, a systemically important bank and one of the most powerful players in the Ukrainian financial market, to join its ranks.
This once again confirms the importance of cooperation between banking institutions in the face of the current challenges faced by the financial sector of Ukraine.
Oschadbank has been an integral part of the Ukrainian banking system for over 30 years. Its contribution to the creation and development of the country's financial infrastructure cannot be overestimated. The Bank has always been an active participant in key processes in the financial sector and continues to play a leading role in ensuring economic stability.
In recent years, Oschad's representatives have been actively involved in the work of the AUB's specialized committees. In particular, such important issues as bank supervision, international banking cooperation, development of lending to the economy and many other aspects affecting the financial sector as a whole were considered. Oschadbank has also been repeatedly recognized in the AUB's nominations, including winning the main financial award of the year, which is a testament to its high standards and achievements.
President of the Association of Ukrainian Banks
“We have always strived to create a space for constructive dialogue between banks and the regulator, and I am confident that Oschadbank with its many years of experience and expertise will significantly strengthen this process. Together, we will be able to formulate strategies that will help banks develop even in the most difficult times,” said Andriy Dubas, President of the Association of Ukrainian Banks.
Chairman of the Board of Oschadbank
“Oschadbank's accession to the Association of Ukrainian Banks will help to deepen professional cooperation with financial market participants and will be useful for building an efficient and sustainable banking system in Ukraine,” commented Serhiy Naumov, Chairman of the Management Board of Oschadbank.
Oschadbank's decision to join the AUB is another step towards the effective development of the financial sector.
Oschadbank's experts and top managers will add weight to the Association's rule-making and analytical work aimed at protecting the interests of market participants.
The Association of Ukrainian Banks continues to strengthen its position both at the national and international level, which is confirmed by the constant growth in the number of its members. By joining forces, we are able to achieve significant results and jointly develop the banking system of Ukraine.