In Ukraine, every fifth Bank is unprofitable.
For the first half of this year, 90 banks, who remained to work in the market, 70 – profitable (plus of 8.22 billion) and 20 losses (minus of 10.07 billion), i.e. almost every fifth financial institution. The total loss of the banking system for January-June is 1.85 billion. This happened due to capitalization state of “PrivatBank” and the Russian “Prominvestbank”. “In the first quarter of 2017, the profit amounted to UAH 4.1 bn (including adjusting entries as of may 15, […]
Read more