Ukrainian banks post record losses in past year

12:39, 16 February 2016
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The cumulative loss of Ukrainian operating banks, excluding those that have been designated as insolvent, as of January 1, 2016 amounted to UAH 66.6 billion, which was a record high annual loss rate, even when compared with a loss of UAH 52.966 billion in 2014, the National Bank of Ukraine (NBU) reported on its website.

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