The bank’s income before the tax reached 22.3 billion, which was 19.1%, or 3.5 billion UAH beyond the first quarter of 2024.
In January-March 2025, State Privatbank received UAH 16.9 billion of net profit, of 21.9%, or 3 billion more in the first quarter of last year. This was announced by Finnichore’s press service on Monday, May 5.
Thus, the income before the tax reached 22.3 billion, which was 19.1%, or 3.5 billion UAH larger than the first quarter of 2024.
According to reports, the net percentage of Privatbank compared to the first quarter of 2024 increased by 16.4% in UAH 18.49 billion, while the Net Commission – by 4.9%, up to 6.64 billion UAH.
The net profit from operations with foreign currency during reporting increased by 11.8% to 1.46 billion UAH. In addition, another 400 million UAH brought a foreign currency review, while in the first quarter of 2024 the result was negative – 900 million UAH.
At the same time, payment costs to employees increased by 29.6% – up to 3.64 billion UAH, other operating and administrative costs – by 11.1%, up to 2.65 billion UAH.
Note that according to the results of 2024, Privatbank received a record profit in taxation of 81 billion UAH. The state’s income tax payments is 40.9 billion UAH. It is also a new note.
Privat debt is sold with losses for state – ex -campaign bank
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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.