search query: @author Sochan, P. / total: 1
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| Author: | Sochan, P. |
| Title: | The banking system in Ukraine |
| Journal: | Russian and East European Finance and Trade
1998 : MAY-JUN, VOL. 34:3, p. 70-93 |
| Index terms: | TRADE FINANCE UKRAINE |
| Language: | eng |
| Abstract: | Banking services during the Soviet times were primarily provided by a government-dominated bureaucracy that processed documentation. Bank personnel were used to provide financial accounting records on credits obtained by entities for projects approved under five-year plans. The banks' activities did not include serious financial analyses or a review of the profitability or credit- worthiness of projects and their sponsoring entities. These traditional activities were considered to be irrelevant by bankers. |
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