The bank increased its net retail loan portfolio by 39% and its business loan portfolio by 23%.
Based on the results of 2023, the state-owned Privatbank received a pre-tax profit in the amount of 72.8 billion hryvnias, which is more than double the result of 2022. The bank’s press service reported this on Wednesday, January 24.
It is indicated that the net profit of the bank reached 37.8 billion Hryvnia. It was 7.6 billion hryvnia more than a year earlier.
Last year, PrivatBank also increased the net portfolio of retail loans by 39%, to more than 60 billion Hryvnia, and the net portfolio of business loans by 23%, to more than 30 billion Hryvnia. At the same time, the volume of deposits increased by 18%, or by 85 billion hryvnia.
“Such an increase in the size of the business led to an increase in the net interest income of PrivatBank by 16.7 billion hryvnias. Another 3 billion hryvnia increase in the net interest income was provided by the NBU bank’s interest policy in 2023, ” said the message.
We remind you that in January-November 2023, Ukrainian banks received UAH 130.5 billion. net income The ten most profitable financial institutions include PrivatBank, Sberbank, Raiffeisen Bank and UkrSibbank.
It was previously reported that 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
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