PrivatBank's net profit hits record high

PrivatBank's net profit grew to UAH 27.4 billion in January-September 2019, according to the bank’s press release available to Ukrinform.

"Over the first nine months of 2019, PrivatBank increased its net profit to UAH 27.4 billion, which is a new record for the bank and Ukraine’s entire banking system," reads the document.

According to PrivatBank CEO Petr Krumhanzl, the bank's net commission income over the first nine months of 2019 reached UAH 13.3 billion and net interest income UAH 14.7 billion.

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