Business peciliarities in Ukraine and Bealrus
billionaires overnight mostly because
of the overheated banking sector. The
prices paid for banks ranged from 2.6 to
almost 5 times their equity value the
latter was paid for Praveks Bank. To
justify the gargantuan prices, the
purchased bank was expected to provide
sustainable rapid growth in assets at
over 12% annually, a 20% annual ROE
increase and a 15% equity value growth.
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