The Banks of Ukraine ranked lowest in terms of reliability among 140 countries. Such results have been reflected in the Global Competitiveness Report on the annual World Economic Forum in Davos, which started on January 20, 2016.

According to the data of report, Ukraine ranked 79^th out of 140 in this competitiveness report. However, the reliability of banks was assessed with the lowest – 140^th out of 140. 

Canada ranked 1^st in terms of reliability of banks.

In terms of tax burden Ukraine became 118^th out of 140, regulation of stock market – 135^th, affordability of financial services – 123^rd, funding assisted by  local securities market – 118^th, availability of venture capital – 102^nd, availability of financial services – 101^st and 140^th in terms of ease of access to loans.

In terms of innovation potential Ukraine became 52^nd among 140 countries, in terms of system of higher education and training – 34^th, Internet users – 80^th, life expectancy – 87^th.

It should be noted that while preparing the Global Competitiveness Report the economy of each country was assessed as per 12 groups of indicators, among which are capacity for innovations, infrastructure and healthcare. Thus, the total assessment comprises results as per 114 indicators and is reflected in the report as the Global Competitiveness Index.

As Correspondent. net reports, Minister of Finance of Ukraine Natalia Yaresko also went to the forum in Davos. According to her, during the meeting it is planned to discuss issues of financial sphere in Ukraine, progress in performance of reform program.