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:
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Privatbank – UAH 54.46 billion,
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Oschadbank – UAH 11.56 billion,
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Raiffeisen Bank – UAH 7.4 billion,
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UkrSibbank – UAH 6.86 billion,
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FUIB – UAH 6.69 billion,
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OTP Bank – UAH 5.44 billion,
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Citibank – UAH 5.37 billion,
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Sense Bank – UAH 5.25 billion,
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Ukreximbank – UAH 4.9 billion,
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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%.
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.