AUB News

The stability of Ukraine's banking system is assessed according to two criteria: innovation and growth in the volume of funds. This was announced on Espreso TV by Andriy Dubas, president of the Association of Ukrainian Banks.

"I evaluate Ukraine's banking system based on two indicators. First, I believe that trust in the system can be built on the basis of the amount of funds available in the system. For example, if they grow, it means that citizens and businesses have confidence in the system. Second, the innovativeness of the banking system. After all, on the one hand, you may not trust it, but in an innovative banking system, the number of users will always grow," said Dubas.

The expert is convinced that the innovative experience of Ukraine's banking system will be used by foreign banks in the context of the country's European integration.

"Two indicators are growing in Ukraine's banking system. That is, Ukraine is quite advanced in terms of innovation in the banking system. I think that as part of the European integration track of Ukrainian banks, we will share many innovations with the outside world. In particular, those that work well in Ukraine but are not as effective in other countries. As for the amount of funds, since the beginning of 2026, this indicator from individuals and sole proprietors has increased by more than UAH 90.4 billion. If this is not trust and reliability, then I don't know what else to call it," he added.

Dubas also detailed the effectiveness of Ukraine's large state-owned banks. According to him, these banks are showing excellent results and high profitability.

"There are currently six banks with state capital in Ukraine. These are four large banks—Oschadbank, Ukrgasbank, Sens, and Ukreximbank—as well as Motor Bank and First Investment Bank. These small banks will either be put up for sale or used for mergers with certain state-owned enterprises. Large banks, on the other hand, are showing quite good results and high profitability today," the AUB president concluded.