SERGIY TIGIPKO: we invested and will invest in Ukraine
One of the largest banking events, the 5th CIS Bankers, Ukrainian Banking Forum took place in Kyiv. First persons of leading Ukrainian and foreign banks, the National Bank of Ukraine, authoritative experts of the financial and banking market took part in the Forum. Forum participants had exchanged views about the latest developments and trends in the Ukrainian banking market, the potential for its development in the short and medium term.
Opening the forum, the shareholder and Chairman of the Board of JSC TASCOMBANK" Sergiy Tigipko focused on the main trends in the development of the financial market in Ukraine and new opportunities that are opening today for domestic business and bankers. "A crisis is a time that must be used for development. Do not wait for 5-7% of GDP growth to improve the situation . In the coming years, we expect 2-3% of economic growth, and any positive dynamics gives rise to move on" – Sergiy Tigipko emphasized and dwelt on the example of achievements and further working plans of TAS Group, one of the largest financial and industrial groups in Ukraine.
"TAS Group is actively developing, primarily in the financial sector, industry, agriculture, venture projects and other areas. We invest and will continue to invest in the Ukrainian economy, - stressed Sergiy Tigipko. - Thus, last year TAS Group acquired the Aegon Life Insurance Company and Universal Bank. This year Group also plans to invest in new interesting projects and continue to develop business areas".
Summarizing the results of the last year, Sergiy Tigipko said that the companies of the Group closely interact with each other and are profitable. For example, by the end of 2016 TASCOMBANK grew by 113%, and Credit Market - by 85%. Last year, TASCOMBANK's loan portfolio grew by more than 100%, and the banking network grew by 54 new branches in a year and a half.
Today, apart from retail and corporate segments, TASCOMBANK is dynamically developing such areas as work with small and medium business, private banking, e-commerce, collection.