The Ukrainian Bank Association and the Banking Association of Central and Eastern Europe (BACEE) signed an agreement on mutual cooperation. Also, six Ukrainian banks – Aval Bank, Ukreximbank, Oschadbank, TAS-Commercebank, First Ukrainian International Bank and Energobank – will become BACEE members. BACEE was founded in 1996 with the goal of promoting business relations of its member banks with financial institutions of Central and Eastern Europe.