Should You Be Worried About Your Investments in Russia & Ukraine? 😬

[@MrShpoulsen]

If a person is displaced or dead because of a war, he cannot repay his loan. If Russia is kicked out of the SWIFT international payment system, then how can the Russian LOs make payments to the P2P platform?

[@P2PEmpire]

This is the answer from PeerBerry: "If a sanction such as a cut off from SWIFT were imposed on Russia, we would act the same as in the recently experienced case of the crisis in Kazakhstan, where the Kazakh authorities simply shut down banks and closed up international transfers. In the case Russia is disconnected from the international payment system, we would stop listing Russian loans on the PeerBerry platform immediately, and only repayments of investments would be implemented in the frames of agreements - the latest within 60 days of each loan delay. Russian companies would continue to operate locally without funding from PeerBerry (they issue lager part of loans using their own funds anyway). Repayments of investments in such a case would be implemented from Aventus Group reserves held in banks in the EU."

[@ruferbor]

Hello Jakub, These Days I was worry about this same issue, Thank You for some insights on this matter, and please keep up the Good work, Regards from Portugal. 👍🚀🍀

[@striveforexcellenceclark4694]

Hi, big fan of your channel. I have been an investor on Peerberry for years and am actively investing in Russia and Ukraine, besides payment delays of up to 2-3 days only on some loans nothing negative happening, real estate in Ukraine is an amazing opportunity, thanks for your video.

[@P2PEmpire]

Thanks for your feedback. Keep an eye out for the upcoming video where I dive deeper into those markets with the CEO of the Aventus Group, one of the leading lenders in UA.

[@Stfn1990]

Is there an Aventus group consolidated financial report?

[@P2PEmpire]

There isn't. They are only required to provide financial reports (mostly audited) in individual markets.

[@Stfn1990]

@@P2PEmpire Thanks! I wanted to evaluate the power of group guarantee, but without knowing the % of exposure in each country (including those where Aventus doesn't finance via Peerberry) and group cash at hand/profitability, evaluating the strength of group guarantee is quite hard :( PS: There is someone trying to scam users here - has same account name and logo as you and tries to redirect people to a WhatsApp number

[@P2PEmpire]

@@Stfn1990 Your points are valid. We can ask the CEO how investors can evaluate the GG without all that data. Regarding the spam, we are reporting it to KZbin but it's not always possible to report all the bots.

[@Stfn1990]

@@P2PEmpire that would be amazing, really amazing! I feel PeerBerry has very good potential if they do 2 things: 1. More transparent in financials at group lvl to evaluate the strength of the guarantee and 2. Make auto invest faster.

[@Stfn1990]

@@P2PEmpire I also reported some of the comments. Hope they ban the account

[@efoplistis12]

Good job Jakub!! I'm watching closely the situation through various sources. Let's all hope, that politics and diplomacy will prevail and thinds get back to normal.

[@leishiahines7224]

,Hi Jakub, very interesting, I had stopped investing in the Ukraine last week but I think I will go back in on the Peerberry Platform at least.

[@jota_soler]

Good video!! Jakub, What's your opinion about Mintos and this crisis? Thanks.

[@P2PEmpire]

Thanks. What exactly do you mean when referring to "crisis"? I think it's "business as usual" for Mintos.

[@luistiago5121]

Thank you for the information.

[@MatthiasMayerDreisportler]

How about the risk of cutting Russia from SWIFT and therefore not being able to transfer money from the LO to the platforms.

[@P2PEmpire]

This is the answer from PeerBerry: "If a sanction such as a cut off from SWIFT were imposed on Russia, we would act the same as in the recently experienced case of the crisis in Kazakhstan, where the Kazakh authorities simply shut down banks and closed up international transfers. In the case Russia is disconnected from the international payment system, we would stop listing Russian loans on the PeerBerry platform immediately, and only repayments of investments would be implemented in the frames of agreements - the latest within 60 days of each loan delay. Russian companies would continue to operate locally without funding from PeerBerry (they issue lager part of loans using their own funds anyway). Repayments of investments in such a case would be implemented from Aventus Group reserves held in banks in the EU."

[@TheMoneyPassport]

Great explanation again! I'm reducing my exposure to Russia and Ukraine as well by not investing in any new loans for the moment. Did you make any changes to your strategy yourself Jakub?

[@P2PEmpire]

Thanks! Yes, I did actually made some minor adjustments. Currently exposed to RU, UA, KZ only on PeerBerry (based on the info we have available, PB provided the most in-depth answer in regards to the current situation in affected countries). On Robocash I switched to loans from Singapore only and invested some funds into IBANCAR (secured car loans) on IUVO. More about it in the upcoming monthly portfolio overview.

[@johnrodgers2018]

Can we still be confident there will be no invasion?

[@91chaves]

I am, temporarily, not investing in Russia, Ukraine and Kazakhstan. I just dont get the point of Russia going on into a militar adventure against Ukraine. It will be costly, both in terms of money, infrastructures and human resources. A reminder that Russia's GDP is close to Italy. It is not like they are super rich or something. Ukraine has been heavily armed by Europe and USA, even today the Baltics countries sent a ton shit of anti-air and anti-tank missiles to Ukraine. Russia is getting itself in big trouble. Putin would do better in spending its energy to fight corruption inside Russia. But I guess it is always easier to find someone to blame, or to raise a distraction, than actually solving problems.

[@P2PEmpire]

Good points, thanks for your input.

[@fabiocericola3893]

Italy ranked has the 9th highest GDP in the world. Being close to Italy is not exactly a sign of beeing poor... Russia itself rank 11th above countries as Spain, the Netherland or Australia.

[@91chaves]

@@fabiocericola3893 Italy has 60 million people while Russia has 145 million, plus Russia has huge natural resources. It basically means that Russia is highly inefficient country who cannot compete with other less populated, less resourced nations. It speaks volumes about the country economy.

[@joelgoncalves1006]

Hi Jakub big fan from your work. There are two things I would love for you to expand in your future interview: 1) It really worries me that some sort of financial blockade on Russia/Ukraine would severely affect LOs ability to transfer money or coordinate within their Financial groups. 2) I also find really hard to understand the argument that only the conflict regions will face severe problems; conflict would require significant resources from both governments which would tax or redirect resources from other regions right?

[@P2PEmpire]

Thanks, we can cover this in the interview. Thanks.