Konstantin Stetsenko, a founding partner of ICU, is quoted in an article by Citywire regarding the recent tensions on the border of Ukraine, and the damaging effects this is starting to have on the country's economy.
...Stetsenko, ICU. In an article by ValueWorks, Konstantin Stetsenko, Founder of ICU, is featured regarding his predictions for the future of the Ukrainian fixed income market.
...co-Founder of ICU. Konstantin Stetsenko, co-Founder of ICU, is mentioned in an article by London Loves Business regarding Ukrainian bonds. Konstantin said: “The high share of NPLs is one of the most serious impediments for a recovery in lending, despite the likelihood of additional NPLs as a result of coronavirus, we expect the NPL ratio to continue declining due to write-offs.”
Konstantin Stetsenko, a Founding Partner of ICU, the leading independent asset management, private equity and investment advisory firm in Central and Eastern Europe, believes there is reason to be positive about the outlook for economic and monetary conditions in Ukraine.
We speak to Konstantin Stetsenko, Founding Partner at ICU, the leading asset manager in Ukraine, to find out what caused the rally and whether he expects it to continue into 2020. Who’s behind the rally? Konstantin: The increase in local bond volumes was driven mainly by international investors last year. International investors became active buyers of local government bonds in anticipation of a stronger hryvnia and a decrease in National Bank of Ukraine discount rate. This has helped drive the increase in international investors holdings domestic bonds up to $5bn, compared with just $0.2bn in 2018.
