The development of the exchange market for energy resources opens up new opportunities for banks

On November 20, a meeting of the leaders of the financial and banking markets The Banking 50 took place. Oleksii Dubovskyi, Chairman of the Exchange Committee of the Ukrainian Energy Exchange, took part in the discussion and made a presentation on the topic: "Exchange market for energy resources. Opportunities for banks".

The presentation showed new opportunities for settlements in the energy market, which are already being implemented in Ukraine, namely: bank guarantees and escrow accounts for settlements in the daily natural gas market. The promising areas for implementation in the near future are also presented: participation in the clearing and settlement system, hedging the risks of its own loan portfolio, lending operations and guaranteeing settlements, intermediation in derivatives trading.

Today, banks have the opportunity to use the latest tools that facilitate the work of energy market participants on the exchange and make operational settlements available on commodity markets, adding to the ecosystem of banking services serving corporate clients from the Ukrainian energy market.