In the fourth quarter, banks recorded the total loss of UAH 13.5 billion due to increased income tax rate by 50%, accumulated retrospectively for the year.
The Net Profit of Banks in Ukraine for 2024 reached UAH 103.7 billion, which was 17.2 billion UAH over a year before. The largest part of the income – 39% – fell into the state privatbank. This is stated in a review of the banking sector, published by the National Bank on Thursday, February 20.
It has been noted that in the fourth quarter, financial institutions recorded a total UAH loss of 13.5 billion due to increasing income rates up to 50%, accumulated retrospectively for the whole year.
At the same time, many banks, including four systematically important, have yet to fully reflect this tax and should do so in the near future, indicated in the NBU.
The main source of bank income remains a net income. This has been possible thanks to a stable payment to government bonds and loans. Banks have actively increased the OVGZ component to their genitals to maintain portfolio profitability against the background of reduction in bets.
Pure Commission has also grown. One year later, he rose 5.2%, and in December the first time since the beginning of a full -scale aggression reached the pre -war level.
The total amount of net assets of banks increased by 16.2% per year. Especially increased investment in OVGZ – by 11.2% per fourth quarter and more than one third per year. Whereas investments in NBU deposit certificates have reduced by 11.6%.
The lending also intensified. Hryvnia loans provided in the population increased by 39.9% per year, mainly due to unsafe loans. Mortgage loans are almost fully released through the єosel state program, the gross portfolio of which in the fourth quarter grew to 24.1 billion UAH.
For the development of mortgage lending, more market products from banks are required, they notice in the NBU. However, for this it is necessary to improve the regulation of the real estate market and state support conditions.
Note that according to the results of 2023, Ukraine’s solvent banks received 86.5 billion hryvnias of net profit. It is almost four times higher than 2022 and 12% more than the results of 2021st.
Source: korrespondent
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