Banks earn record UAH 106.1 billion over 8 months, August profit UAH 12.5 billion

Over 8 months, banks earned UAH 106.1 billion, a record amount in the entire history of Ukraine's independence, in August the banks' profit amounted to UAH 12.5 billion.

This is evidenced by the data of the National Bank, the Ukrainian News agency reports.

Prior to that, the net profit of banks for the same period in 2023 was UAH 95.1 billion, in 2021 it was UAH 45.6 billion, in 2020 – UAH 32.6 billion, in 2019 – UAH 44.3 billion.

Interest income of banks for 8 months of 2024 amounted to UAH 231.6 billion, and commission income – UAH 71 billion.

As the Ukrainian News agency earlier reported, solvent banks in 2023, according to preliminary data, received UAH 86.5 billion in net profit, pending confirmation by an annual audit.

In 2022, banks reduced their net profit by 68% to UAH 24.7 billion.

In 2021, the profit of banks amounted to UAH 77.5 billion.

In 2020, the profit of banks decreased by 29% to UAH 41.3 billion.

In 2019, solvent banks received UAH 59.634 billion in net profit.