2022-11-22T11:46:00+02:00 Economy 2023-09-15T04:41:08+03:00

Ukrainian news

Ukrainian news

Banks’ Profit UAH 3.6 Billion In October

Banks’ Profit UAH 3.6 Billion In October

In October 2022, the profit of banks amounted to UAH 3.608 billion.

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

Solvent banks received UAH 10.978 billion of net profit for January-October 2022, compared to UAH 58.4 billion of net profit for January-October 2021.

Incomes of banks increased by 32% compared to the result of January-October 2021 and amounted to UAH 286.9 billion, expenses - by 73% to UAH 275.9 billion, in particular, deductions to reserves increased 14.1 times to UAH 107.0 billion.

As Ukrainian News Agency earlier reported, in 2021, the profit of banks amounted to a record 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.

The assets of the National Bank increased by 3% to UAH 1.4 trillion in the first half of 2022.