The beginning of hostilities on the territory of Ukraine and their protracted nature has led to the practical implementation of poorly forecasted risks that will affect the entire economy of Ukraine and, in particular, the insurance and banking sectors. Most banks operate in an enhanced mode where the military situation allows. Unfortunately, the loss of civilian infrastructure, the loss of population and the almost 2-week break in the operation of enterprises will affect the ability of businesses to meet their obligations. The Agency urges banks, financial companies and insurers to continuously fulfill their obligations to the public and meet their needs, reviewing interest rates on loans and tariffs downwards, increasing remote service channels. PrivatBank, Akordbank, Credit Agricole Bank and our other clients have already made their steps towards clients in difficult times.

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