For eight months of 2024, the net income (after tax) of banks exceeded 100 billion hryvnias.
The net profit after tax of solvent banks of Ukraine for January-August 2024 amounted to 106.8 billion Hryvnia. This is 11.6% more than the same period last year, according to data from the National Bank of Ukraine.
According to the NBU, the bank’s income for January-August 2024 increased by 16.7% – to 337.7 billion Hryvnia, while interest income increased by 18.5% – to 231.6 billion Hryvnia.

Costs increased by 19.3% – to 231.6 billion hryvnia. Banks reduced allocations of reserves for future losses to 1.2 billion Hryvnia.

We remind you that in 2023 Privatbank received a record pre-tax profit of 72.8 billion Hryvnias and paid the state 57 billion Hryvnias in income tax and dividends.
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.