Ukraine's banking sector sees UAH 120 m in profit in June, NBU
Ukraine's banking system in June posted a profit of UAH 120 million, according to a posting on the web site of the National Bank of Ukraine (NBU).
"In H1, 2013 the revenues of Ukraine's banks grew by 9.4% year-over-year and totaled UAH 78.491 billion. Expenditures… increased by 10.1% and were UAH 77.31 billion. The profit of the banking system as of July 1, 2013 was UAH 1.181 billion," reads the report.
As a source in the government's circles told Interfax-Ukraine, the volatility of the profit in H1 is completely connected with formation of reserves by just one bank and does not indicate a general tendency in the banking industry.
As reported, the profit of the Ukrainian banks in January was UAH 580 million; in February – UAH 208 million; UAH 2.338 billion in March; UAH 961 million in April; and UAH 120 million in June. A loss was seen only in May – UAH 3.026 billion.
The profit of the banking system in H1, 2012 was UAH 1.558 billion, while in June of that year the loss was UAH 335 million.
Advertising
Advertising
MORE ABOUT
Court to hear dispute between Paseniuk and NBU regarding Avangard bank in closed-door session
19:28, 09.04.2024
Amount of losses from financial fraud in 2023 grows by 73% – NBU
17:56, 02.04.2024
Hryvnia exchange rate to all currencies to be set daily, dollar reference rate to be supplemented by euro rate – NBU
14:59, 27.03.2024
Ukraine’s gross external debt increases to 90.7% of GDP in Q4 2023 – NBU
09:55, 26.03.2024
Five MPC members proposed to cut key policy rate to 14%, four to 14.5%, two to leave it at 15%
14:48, 25.03.2024
LATEST
PM: preferential price for gas extended until end of summer, for electricity until end of spring
17:17, 26.04.2024
Work of Kyivteploenergo blocked due to new searches by law enforcers – company
13:00, 26.04.2024
Almost three-quarters of employers feel shortage of staff, plan to increase wages in 2024 – EBA survey
20:59, 25.04.2024
Metinvest's Pokrovske mine extracts 1.2 mln tonnes of coking coal in Q1, plan for 2024 is 5.35 mln tonnes
20:07, 25.04.2024
Chornomorsk port resumes shipment of agricultural products for export