22 November 2022, 04:25 PM
Ukrainian banks made $298 million in profit in 2022, reports NBU
Compared to the first 10 months of 2021, this is a five-fold decrease – at that time, Ukrainian banks netted UAH 58.4 billion ($1.58 billion) in profit.
Meanwhile, bank revenues increased by 32% compared to the previous year and amounted to UAH 286.9 billion ($7.767 billion), while expenses grew 73% to UAH 275.9 billion ($7.47 billion). In particular, deductions to reserves increased 14.1 times to UAH 107.0 billion ($2.9 billion).
Earlier, it was reported that the revenues of Ukrainian banks have fallen seven times since the beginning of the year.