Banks are among the most specialised valuation subjects: balance sheets dominated by monetary claims and liabilities, a low share of tangible assets, high leverage, strict National Bank of Ukraine (NBU) regulation, and accounting particularities that differ from ordinary corporates. The Kanzas company values banks, loan portfolios and individual banking assets in Ukraine for domestic and international clients.
When a bank valuation is needed
Typical purposes: acquisition or disposal of a bank; mergers and takeovers; recapitalisation; sale of individual assets and loan portfolios; share buy-outs; market exit and liquidation; and other strategic decisions.
Valuation methodology
The asset-based approach is the baseline for banks — the net asset accumulation method, with every asset and liability line restated to market value: the loan portfolio adjusted for quality and provisioning, securities, real estate and intangibles. The income approach — discounted cash flow reflecting regulatory capital requirements — applies to operating banks with a stable earnings model. The market approach relies on capital market multiples applied to the bank's equity where comparable transactions exist.
Information required
Founding documents and the banking licence; branch network details; accounting records and NBU regulatory reporting for the previous 3–5 years; audit reports; title documents and technical passports for real estate; the fixed asset register at the valuation date; a full breakdown of tangible and intangible assets; subsidiary documentation; and the business plan and forecasts, where available.
Track record
The Kanzas company has participated in the revaluation of portfolios of more than 50 Ukrainian banks, including the largest top-ten institutions. In 2015–2020 our largest client was the Deposit Guarantee Fund of Ukraine: revaluation of insolvent banks' assets — loan portfolios, real estate and securities — for sale and management in the interests of creditors. Other engagements include full-scope pre-sale preparation of a Ukrainian bank (including due diligence), valuation of a consumer loan portfolio for sale, and numerous revaluations of distressed portfolios for an acquiring bank. Our team includes appraisers holding international valuation certificates.
Questions and answers
Can a single loan portfolio be valued rather than the whole bank? Yes — claims under loan agreements and receivables are valued as standalone subjects; this is one of the most frequent engagements in our banking practice.
How long does a bank valuation take? It depends on the perimeter: a standalone portfolio is faster, a whole-bank valuation typically takes from several weeks. The timeline is agreed once the scope of assets is clear and is fixed in the engagement letter.
Write to us by email or messenger to discuss your task — we will respond with a scope and fee proposal the same business day.
