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NBU named the most profitable and most unprofitable banks

Photo: NBU Press Center

Ukrainian banks earned UAH 130.55 billion in net profit in January-November. About 61.5% of this income was received by state-owned banks.

For January-November 2023, solvent banks in Ukraine received UAH 130.5 billion in net income. The top ten most profitable banks for this period include state-owned Privatbank, Oschadbank, Raiffeisen Bank and UkrSibbank. This is confirmed by data from the National Bank.

The largest income for the 11 months of 2023 was received by:

  • Privatbank – UAH 54.46 billion,

  • Oschadbank – UAH 11.56 billion,

  • Raiffeisen Bank – UAH 7.4 billion,

  • UkrSibbank – UAH 6.86 billion,

  • FUIB – UAH 6.69 billion,

  • OTP Bank – UAH 5.44 billion,

  • Citibank – UAH 5.37 billion,

  • Sense Bank – UAH 5.25 billion,

  • Ukreximbank – UAH 4.9 billion,

  • Universalbank – UAH 4.95 billion.

At the same time, unprofitable banks include Pravex Bank (-17 million UAH), Motor Bank (-45.7 million UAH), Oxy Bank (-22.39 million UAH) and Alpari Bank (-4.69 million UAH) .

It was previously reported that three banks will need additional capital until 2026 – state-owned Ukreximbank, private banks MTB and Pravex.

On December 6, President Vladimir Zelensky signed a law on additional taxation of banks. Based on the results of 2023, the tax rate will be 50%.

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Source: korrespondent

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