Ukrainian banks receive UAH 39.8bn of net profit in 2020

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Ukrainian banks receive UAH 39.8bn of net profit in 2020 1

As of November 1, 2020, the net profit of Ukrainian banks amounted to UAH 39.828 billion, which is 23.4% less than in the same period last year, according to data provided by the National Bank of Ukraine, Ukrinform reported.

Ukraine’s banks in January-October 2020 received UAH 39.828 billion of net profit, which is UAH 12.164 billion less than in the same period last year (UAH 51.992 billion).

Banks’ revenues for ten months of 2020 increased by UAH 8.214 billion compared to the same period last year, and totaled UAH 209.251 billion.

Expenditures of banks in January-October 2020 grew by UAH 20.378 billion and amounted to UAH 169.423 billion.

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