Interfax-Ukraine

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Financial sector greatly improves assessment of its condition in six months, but again concerned about corruption, work of law enforcers.

The balance of answers of financial sector participants to the question about its current state in May 2023 for the first time since the start of the full-scale war became positive (+11%): almost a third rated it as good, and only 9% - below satisfactory, the National Bank of Ukraine reported on the results of a semi-annual survey on the systemic risks of the financial sector.

"The majority of respondents reported an improvement in the state of the financial sector over the past six months. In November 2022, there were only 3% of such respondents, now it is 57%. And only every ninth respondent reported a deterioration in the state of the financial sector," the NBU states.

As indicated in the survey, the balance of answers to this question jumped from "minus" 40% in November to "plus" 24%.

The National Bank added that the expectations of financial market participants for the future have also noticeably improved: the share of respondents who expect its condition to worsen in the next six months has decreased from 51% in November to 3% at present, and almost 70% of respondents do not expect changes over the next six months. As a result, the balance of responses grew from "minus" 23% to "plus" 13% within six months.

It is noted that over the past six months, assessments of the overall level of risk in the financial sector have also noticeably improved: the proportion of respondents who considered its level to be high or very high decreased from 83% to 58%.

For the second consecutive survey, respondents improve their own assessments of the financial sector’s resilience to significant negative events: the balance of answers for six months increased from 6% to 19%, which was a record value since the start of the survey in May 2018.

Tags: #survey #finsector

Americans taking  «coolcations»  to escape hot weather.

Americans taking «coolcations» to escape hot weather.

Some Americans are beating the summer heat this year by going on so-called "coolcations." Instead of soaking in the sun and hitting hotspots like the beach, travelers are opting for areas that are a bit more cooled off this time of year by heading...

CBS News 2

Biden says war in Gaza must end now, Israeli army admits to some failures in Oct.

Biden says war in Gaza must end now, Israeli army admits to some failures in Oct.

Dozens of bodies have reportedly been found in the rubble of Gaza City in the midst of Israel's latest offensive there. The discovery comes as both Israel and Hamas blame each other for undercutting cease-fire talks and President Biden calls for a...

CBS News 2

$320 million wedding included performances by Justin Bieber, Rihanna.

$320 million wedding included performances by Justin Bieber, Rihanna.

The son and daughter of two of India's wealthiest families will tie the knot after a monthslong celebration that cost millions. ABC News' Alison Kosik reports. Subscribe to ABC News on YouTube: Watch 24/7 coverage of breaking news and live events ...

ABC News 2

Obama, Pelosi reportedly concerned: The end 'feels clear'.

Obama, Pelosi reportedly concerned: The end 'feels clear'.

Fox News' Madeleine Rivera reports the latest details as Biden faces mounting pressure to drop out of the 2024 race. #FoxNews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-en...

Fox News 2

Harry was TERRIFIED to accept war hero gong, body language pro says.

Harry was TERRIFIED to accept war hero gong, body language pro says.

Prince Harry was "terrified" and "completely aware" of fierce backlash as he collected his war hero award, a body language expert said. The Duke of Sussex was honoured with the Pat Tillman Award for Service gong at the 2024 ESPYS in L.A last night...

The Sun 2

'What's in there? A body?' Passer by joked about cases being lugged by two men before grim discovery.

'What's in there? A body?' Passer by joked about cases being lugged by two men before grim discovery.

An American tourist joked with two men struggling across a road with heavy suitcases near a bridge where human remains were found, saying: “Have you got a body in there?” Giles Malone was waiting for a taxi when he met two men and a woman who were...

The Sun 1