Prerequisites:

Prerequisites for holding Investment Congress :

• Volume of investments into main stock of Ukrainian enterprises on 01/10/2005 amounted to $10 billion.
• Volume of foreign investments into statutory funds of Ukrainian insurers in 2005 amounted to $12.7 million. Total amount of investments on 01/01/2006 was $176 million.
• Summary statutory fund of Ukrainian insurance companies has grown by 18.9%, i.e. up to $1.3 billion. In the structure of statutory fund, foreign stock occupies 13.4%, and Ukrainian stock holds 86.6%, respectively.
• There are around 60 insurance companies operating with foreign investments, and this number grows year by year. Among main investors a re UK - 34%, USA - 17%, Denmark - 10%, Poland - 9%, Austria , Russia - 6% each , Syria - 3%, Cyprus - 3%, Latvia and Lichtenstein - 2% each, British Virgin Islands - 1% . This list is constantly expanding.
• We can surely say that the period of acquisition of Ukrainian insurance companies and banks by foreign financial giants and groups is not over yet . It is more that likely that foreign banks and insurers which lost the battle for this or that Ukrainian bank will take another chance.
• According to experts’ opinion, in the next few years we are going to face further expansion of foreign investments in Ukrainian banking and insurance system. As they see it, in five years top ten will be occupied by banks and insurers with foreign stock. Even banks that are not in the top ten declare being ready to launch IPO procedure and attracting at least portfolio investments.
• What are Ukrainian banks and insurance companies which will remain Ukrainian for some reason or other are going to face ?