OREANDA-NEWS. January 16, 2007. Foreign banks spend a lot of time on being familiarized themselves with market, introduction of their business instruments, selection of their personnel. Beside it, the market is not so busy now, - said the Head of Investor Relations and Funding Department of RODOVID BANK Pavlo Vdovych. – That is why the severe competition between foreign and Ukrainian banks can occur not earlier 2010 year.

As for the difference of the costs of the internal borrowings both for foreign and domestic banks it will be reduced. It can be explained in such way: Ukrainian banks will reach the high transparent standards, will get necessary experience on the international markets. All will depend not only at national identity but at dependence and banks’ qualification.