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Укр Banks are increasing business lending: the financial sector will become a driver of recovery and an entry point for investors
Today, May 30, the First Vice President of the Association of Ukrainian Banks, Vitaliy Romanchukevich, took part in the Forbes Money forum on finance and investments. The event became an effective platform for the exchange of experience and fruitful discussion, discussing strategic challenges and prospects for the development of the economy and financial sector of Ukraine.
The forum participants discussed the importance of investing in the real sector, developing exports, and creating conditions to support small and medium-sized businesses in wartime. The discussions also touched on the important role of the banking sector in the country's recovery, the need to invest in the real sector of the economy despite the challenges of wartime.
The Forbes Money participants paid special attention to the prospects for the application of artificial intelligence in business, discussed the existing experience in this area and the inevitability of further robotization of production processes, the development of the land market, and the agricultural sector.
At the same time, clear messages were heard from the business community regarding the need for deregulation, finding mechanisms to reduce the tax burden in wartime, and the formation of predictable conditions for entrepreneurial activity. The discussions also touched on the need to create conditions for the growth of small and medium-sized businesses in Ukraine.
Vitaly Romanchukevich noted that the banking sector is already demonstrating its readiness to lend to businesses through an increase in specific credit instruments and investment and credit programs.
Bankers also note a significant increase in lending to small and medium-sized businesses. Even in wartime conditions, loans to SMEs continue to play an important role in the development of the bank lending market.
The forum participants noted that in the post-war period, the financial sector will become one of the main drivers of economic recovery and an important direction for foreign investment.
The First Vice President of AUB also noted the high level of discussion at Forbes Money and constructive dialogue between representatives of business, the state and the financial and banking sector.
The Association of Ukrainian Banks acted as an information partner of the forum. AUB will continue to make efforts to create a favorable investment climate and develop the economy of Ukraine.
