Morgan Stanley noted about that it will launch a Kyiv office this year, making it the first Wall Street investing bank to open in Ukraine.

Ihor Mitiukov, the former Ambassador of United Kingdom in Ukraine and Minister of Finances, will lead the office that will be located in Kyiv, was said in a March 17 statement.

"As we are going on to develop our business in Eastern Europe, Ukraine, with its growing potential, is a strategically important market for Morgan Stanley," mentioned Walid Chammah, chairman of Morgan Stanley International.

The new investing bank is the latest multinational to pronounce its introduction into the Ukrainian market this year, following global law firm Clifford Chance. Property for sale giant CB Richard Ellis began its Kyiv business in late January.

The time is right because Ukraine "is starting to face the global capital markets," Mitiukov said.

Ukrainian clients need investing banking and capital markets decisions "and Morgan Stanley, with its franchise, network and capabilities, is uniquely placed to deliver such solutions," he added.

Tomas Fiala, a chief of Kyiv investing bank Dragon Capital, said Morgan Stanley will intend to strike up to $300 million in financing deals.

Its appearance in the market will increase competition in several times, he added.