1. New Law on Banks and Banking

Euro 1000000 - for local cooperative banks
Euro 3000000 - for banks operating within one region (oblast)
Euro 5000000 - for banks operating in all territory of Ukraine

  
We will be pleased to provide you with more details and comments in respect of the above, if required.

For further information, please contact:

Tax and Legal Services - Margarita Karpenko
Human Capital - Hans Erich Simonsen
Assurance - William Senkiw
Arthur Andersen (Kyiv)
19A, Khreschatyk St.
01001 Kyiv, Ukraine
Tel 380 44 490 30 00
Fax 380 44 490 30 30
Ukraine@arthurandersen.com
This bulletin is correct to the best of our knowledge and belief at the time of going to press. It is however written as a general guide, so it is recommended that specific professional advice is sought before any action is taken.

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