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Newsroom / Press Releases

Euromoney Names Dragon Capital Best Equities House in Ukraine


Third annual Award for Excellence to Dragon in five years of bank’s operations

KYIV, UKRAINE, July 8, 2005 – International financial magazine Euromoney has named the Kyiv-based investment bank Dragon Capital the Best Equities House in Ukraine in its global release of the 2005 Awards for Excellence rankings.

This is the third time since the 1998 regional financial crisis that the London-based publication selected nominees for the best Ukrainian equities house, and each of the three times - in 2002, 2004 and 2005 - Dragon Capital was recognized as the winner. In other Ukraine categories, Privatbank won Euromoney's 2005 award for the Best Bank and ABN Amro was named the Best Debt House.

"Dragon Capital had a great year as foreign investors put millions of dollars into the Ukrainian stock exchange both before and especially after the Orange Revolution," Euromoney said in its annual Awards for Excellence edition. "It is the brokerage best positioned to take advantage of the opening up of the Ukrainian capital markets to increased foreign investment. Its research is respected, and its index, KP-Dragon, is the benchmark for the market," Euromoney noted.

Tomas Fiala, Dragon Capital's managing director, commented: "The new Euromoney accolade is a highly rewarding acknowledgement of our superior performance and resolute efforts to promote world-class financial services in Ukraine. As Ukraine is moving to become a top investment destination in Europe, we are ready to stand the challenge of remaining leaders in the increasingly competitive local environment."

ABOUT DRAGON CAPITAL
Dragon Capital was established in April 2000 in Kyiv as an independent investment bank dedicated to helping Western portfolio and strategic investors succeed in the challenging business environment of Ukraine's capital markets. Today the bank is one of the country’s top investment houses providing the full range of brokerage and corporate finance services to portfolio and strategic investors in Ukraine and the CEE region. In 2002, Dragon Capital opened an office in the Czech Republic to promote investment opportunities in Ukraine to multinational companies operating in the region and eyeing eastward expansion. Dragon's brokerage is consistently among volume leaders on the PFTS, Ukraine’s principal stock exchange. The bank's corporate finance division has provided advisory services and completed transactions for multinational and local clients, including CRH and Heidelberg Cement, the global construction materials giants; InBev, one of the world's top brewers; Bongrain, the world's largest cheese producer; Perekriostok, Russia’s leading retail chain; Bank Aval, Ukraine's second largest bank by assets; and KyivKhlib, Ukraine’s largest bread baking holding.

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