thumbnail_Притула-зустріч.jpg

Притула-зустріч.jpg

Invincible When United: MIM Business School and the Serhiy Prytula Foundation

thumbnail_434556840_7593146940731881_932375421564069717_n.jpg

434556840_7593146940731881_932375421564069717_n.jpg

MIM’s Professor Discusses Ukrainian Business Education in Wartime

thumbnail_Тарас Мороз на сайт 2.0.jpg

Тарас Мороз на сайт 2.0.jpg

From Ukraine to the USA: The Journey of MIM’s Alum Farmer's Milk Coffee Shop in Hollywood, Miami

thumbnail_нко.jpg

нко.jpg

Empowering Collaboration: MBA Students and NGOs Catalyze Growth and Impact

thumbnail_majster_kl_sudarkin.jpg

majster_kl_sudarkin.jpg

MIM Renews Its Face-To-Face Meetings With Oleksandr Sudarkin Masterclass 

thumbnail_start_mba_090224.jpg

start_mba_090224.jpg

Resilience in Education: MIM's 35th MBA Intake Navigates Challenges and Seeks Transformation

thumbnail_bargylev_pryzn.png

bargylev_pryzn.png

Major General Anatoliy Bargylevych, MIM’s Alumnus Is Appointed the Chief of the General Staff of the Armed Forces of Ukraine 

thumbnail_uploads-0-2459-943-CZHY8017.jpg

uploads-0-2459-943-CZHY8017.jpg

New Financial Sector Developments

thumbnail_uploads-0-890-CZHY7914.jpg

uploads-0-890-CZHY7914.jpg

AMBA Kyiv Social at MIM-Kyiv

News of the business school

MIM-Kyiv started the Financial Club series by holding a conference “Global Banking System Transformation: Challenges and Opportunities”. Norvik Banka top executives Mr. Oliver Ronald Bramwell, Chairman of the Bank’s Board together with Mr. Dmitry Kalmykov, VP for the International Business Line and Dr. Olexiy Aleksandrov, head of the Private Banking and MIM’s MBA were speaking to MIM’s community at this event. “Communications, open dialogue and transparent discussion with other market participants are at heart of our activities,” said Mr. Bramwell when telling about the Bank’s activities in Latvia. “Due to those approaches we could develop our service and product model and better understand what our clients need and how we can help them.” Mr. Kalmykov discussed the end of bank secrecy age nowadays and the new international Standard on information. First of all, automatic data exchange on the banking accounts implies annual reporting on tax residency of clients. Secondly, Mr. Kalmykov specified what information was exchanged automatically. Thirdly, he mentioned that governments rather than banks were the parties of the international exchange agreements. So, inquiries were made to the appropriate governmental agencies. Currently, 91 countries joined the Standard. Although Ukraine is supposed to join the standard after 2019 the information is flowing freely between the countries. Thus, it is safe to say that there is no such thing as the bank secrecy so far. Mr. Kalmykov also explained how the role of banks is changing. According to him even two years ago banks were lending, saving, and transferring. These days, banks are expected to perform oversight and monitoring which previously were within the regulators’ scope of activities. Such situation not only leads to banking internal systems and operations’ transformations but results into restructuring clients’ internal business processes. Accordingly, banks have to be financial educators for their clients. “When discussing the list of the documents required for opening an account, we are acting more as consultants than as bankers,” Mr. Kalmykov said. Although the banks are not licensed to do anything but banking, they face the need to be capable of consulting. This new transparency changes the whole HR policies and new set of rules for clients. All those trends completely alter both the whole business scene and banking strategies we once knew.Mr. Olexiy Oleksandrov spoke about private banking in the new digital world. 66.6% of Europeans are ready to deal with technologies rather than wealth managers. It means several things for private banking and the whole financial sector. On one hand, digitalization brings the quality earlier unseen even for rich and famous to majority of the clients. On the other hand, it “kills” specialists and intermediaries. Altogether it reduces the prices and expands the customers’ base. All participants agreed that trust was a key to successful banking and financial sector. European rate of trust is 53%. In Ukraine even back in 2011 it was 1% and situation did not seem to improve. However, the National Bank of Ukraine’s activities since 2014 let in the cautious optimism as to the good financial instruments availability to both private persons and businesses.

теги та дата публікації

next_article

all_articles

This mid-term program caters to those who need to master the fundamentals of running a business

Pre-MBA Business Program

This mid-term program caters to those who need to master the fundamentals of running a business

A medium-term program for the development of key competencies in the field of finance, which increases qualifications in solving strategic and operational financial problems, assessing and forecasting the financial state of the organization, determining the means of financial support for the implementation of the strategic goals of the enterprise

pre-MBA Finance Program

Mid-term program designed for individuals interested in navigating business processes during times of war and other adversities

Mid-term program assists in mastering managerial tools and implementing strategies professional and personal transformation

pre-MBA Leadership Program

Mid-term program assists in mastering managerial tools and implementing strategies professional and personal transformation

Master of Business Administration is a qualification much sought after by current business leaders worldwide. The program helps to understand in-depth and master management competencies with the special focus on project management

MBA Program

The program helps to understand in-depth and master management competencies

This program designed for business owners and top executives assist in identifying new business opportunities based on experience and knowledge acquired in the business school

New Financial Sector Developments

AMBA Kyiv Social at MIM-Kyiv

all_articles

events_soon_start

pre-MBA Business

pre-MBA Business-Analysis

pre-MBA Leadership

MBA

SE MBA