OREANDA-NEWS  On 26 September was announced, that the Ukrainian Banking Industry was only slightly affected by the world credit crunch, yet it suffered from the crunch consequences, accompanied by the NBU's tight policy. Still, under liquidity shortage conditions the most apt banks managed to find additional sources for their portfolio expansion and had all the prerequisites for confident growth. Considering the overall drop in the stock exchange index we see these banks to be considerably undervalued and providing an average upside of around 90%.