Financial institutions have built up a large amount of reserves for expected losses due to the consequences of the war – up to 113 billion hryvnias.
According to the results of 11 months of this year, the net profit after tax of solvent banks in Ukraine reached UAH 19.429 billion. This is 77% more than in 10 months of this year, reports RBC-Ukraine in connection with the data of the National Bank on Tuesday, December 20.
It is indicated that the income of banks in January-November reached 322.053 billion Hryvnia, and expenses – 286.899 billion Hryvnia.
At the same time, banks built up large amounts of reserves for expected losses due to the consequences of the war. Allocations to reserves increased 13.6 times compared to January-November 2021 – up to UAH 113 billion.
Recall that in 2021, Ukrainian banks received a record profit of UAH 77.530 billion, which is 95.2% more than in 2020 (UAH 39.727 billion).
The deposit increased. Is it possible to make money here?
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Source: korrespondent
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