Government approves PrivatBank’s annual report for 2019

Government approves PrivatBank’s annual report for 2019

The Cabinet of Ministers has approved the annual report of JSC CB PrivatBank for 2019, according to Prime Minister Denys Shmyhal.

"Today [May 20] we have approved the annual report of PrivatBank for 2019: 75% of net profit totaling UAH 24.4 billion. Another 5% of the bank's net profit totaling UAH 1.6 billion will be sent to the reserve fund," Shmyhal wrote on his Telegram channel.

According to the prime minister, the government also approved the financial plan of JSC Turboatom for 2020. In particular, the state enterprise will pay UAH 712 million to the state budget. In addition, the Cabinet of Ministers approved the financial plan of State Enterprise Ukrtransamiak, which is to pay UAH 1.35 billion to the state budget.


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