Ukrainian banks generated UAH 10B in net profit in Jan-Feb 2022

Ukrainian banks generated UAH 10B in net profit in Jan-Feb 2022

Ukrinform
Ukrainian banks have generated UAH 9.9 billion in net profit over the past two months.

The relevant statement was made by the National Bank of Ukraine, an Ukrinform correspondent reports.

“In January-February 2022, solvent banks generated UAH 9.9 billion in net profit, which is 53% higher compared to the same period last year (UAH 6.5 billion),” the report states.

During this period, the banks’ revenues increased by 41% to UAH 49.5 billion, expenses – by 39% to UAH 39.6 billion.

A reminder that, despite the war in Ukraine, Ukrainian banks are maintaining stability and liquidity. As of February 1, 2022, the regulatory capital of banks was UAH 219 billion, which is its historically highest value.

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