Banks observe growing investment needs among business clients – V. Mudryi
Even with a modest GDP growth of 3.6% in Ukraine last year, businesses are maintaining stability, continuing to develop and demonstrating increasing investment needs. This was stated by the chairman of the Management Board of OTP BANK JSC Volodymyr Mudryi, during the Global Outlook: Enduring Change event, organized by the European Business Association with the support of OTP BANK.
According to V. Mudryi, since the net corporate loan portfolio in the banking system in hryvnia increased by almost 22% in 2024, economic recovery is expected to continue in 2025 under the baseline scenario. “However, global changes are creating even more uncertainty, so it is reasonable to develop an action plan not only for the baseline scenario but also for a more optimistic one. Additionally, the domestic market has significant potential, even at the current level of consumption. For instance, the import of goods, including food products, continued to grow in 2024. This is a positive signal for Ukrainian entrepreneurs—there is a market niche that can be filled with domestic products. Moreover, the government’s business stimulus programs indicate that internal consumption is considered a priority,” – banker emphasized.
Global Outlook: Enduring Change gathered over 300 guests, including representatives of leading Ukrainian companies. The event featured discussions with key industry figures such as minister of energy of Ukraine Herman Halushchenko, governor of the National Bank of Ukraine Andriy Pyshnyу, chairman of the OTP BANK JSC Volodymyr Mudryi, CEO of Nestlé in Ukraine Alessandro Zanelli, CEO of Kyivstar Oleksandr Komarov, CEO of Boryspil Airport Oleksiy Dubrevskyу, Country Director of Google Ukraine Tetiana Lukyniuk and CEO of Centravis Production Ukraine PRJSC Yuriy Atanasov.
Share these news with friends!
Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.
Additional information
