Page 95 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE

with foreign capital and 22 banks with 100% foreign capital (Key performance

indicators of banks in Ukraine, March 2012).
Table 1.1:Banking system of Ukraine: structure development in 2005–2011

Parameter 2005 2006 2007 2008 2009 2010 2011
Number of banks
(e.o.p.) 186 193 198 198 197 194 198
Including
registered during the
period 5 13 6 7 5 3 4
Number of banks, that
have license for 165 170 175 184 182 176 176
providing banking
activity (e.o.p.)
including banks with 14 21 27 29 28 31 30
foreign capital, %
including banks with
100% foreign capital, 5 8 10 9 10 11 13
%
Number of banks
excluded from 1 6 1 7 6 6 0
Register (during the
period)
Including
due to reorganization 0 2 1 1 0 2 0
due to liquidation 1 4 0 6 6 4 0

(Source: estimations based on National Bank of Ukraine Bulletin)
Banking system of Ukraine is the major element of financial system and

account for 70% of its total assets. Banks’ assets and liabilities grew by UAH
810,1bln and UAH 687,9bln respectively during 2005-2011 (see table 1.2).

During the same period banks’ equity increased only by UAH 123bln and

accounted for 11% of GDP.
Equity-to-assets ratio during aforementioned period hasn’t changed

materially and on average amounted 0,15.

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