GROWTH, BANKING, AND PRIVATISATION AT UKRPOSHTA

Igor Smelyanksy, CEO at Ukrposhta (Ukraine Post) is my special guest. We cover:

The main drivers for domestic e-commerce growth in Ukraine

Staggering growth in inbound parcels – and the investments Ukrposhta has made to cope with the increasing volumes

How Ukrposhta is helping local businesses to sell online, including social media and webcasts

Streamlining induction of international outbound parcels

VAT on inbound international parcels

Postal banking

The process for Ukrposhta setting up a postal bank

How helping unbanked citizens set up bank accounts will stimulate commerce

Distribution of pensions

Regulatory and compliance hurdles

Competing with or complementing existing banks

Postal privatisation

Political changes that have already enabled modernisation at Ukrposhta

Ukrposhta’s plan to find a strategic investor to take a minority shareholding

Maintaining social obligations – including offering sustainable mobile postal services to areas with dwindling populations, without seeking a government subsidy

What privatisation means for employees

Environmental initiatives

Out-of-home parcel delivery vs residential delivery

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