The most profitable remains the state-owned PrivatBank, which earned UAH 8.728 billion since the beginning of the year.
In January-February 2023, solvent banks of Ukraine received UAH 21.478 billion profit after tax. This is confirmed by the data of the National Bank of Ukraine.
The rating in terms of profitability is led by the state-owned PrivatBank, which earned UAH 8.728 billion.
In second place is another state bank – Oschadbank (UAH 1.846 billion).
Next banks of foreign banking groups Raiffeisen Bank – UAH 1,697 billion and Ukrsibbank – UAH 1,208 million and OTP Bank – UAH 1,047 billion.
According to the NBU, 59 out of 65 banks made a profit of UAH 21.547 billion, while six banks showed a loss of UAH 69.2 million.
The biggest loss was shown by Motor Bank – UAH 26 million. It is followed by Alliance Bank – UAH 25 million and Ukrainian Capital Bank – UAH 11 million.
Recall that by the end of 2022, the total income of Ukrainian banks decreased three times – to UAH 24.7 billion – compared to the record year 2021.
At the same time, the rating in terms of profitability is led by the state-owned PrivatBank, which earned UAH 30.2 billion.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.