Most of the banks operating Ukraine were in the black in H1 / Photo from UNIAN
In total, the banking sector posted US$307 million in net profit in the first six months of 2018.
The largest loss among the banks operating in Ukraine in the first half of 2018 was posted by Ukrainian-based subsidiaries of Russian state-owned banks.
In particular, the subsidiaries posted UAH 9.020 billion, or US$334 million, in loss, the National Bank of Ukraine (NBU) said on its website.
Namely, Sberbank reported UAH 7.176 billion, or US$266 million, in loss, while VTB Bank's loss was estimated at UAH 1.438 billion, or US$53 million. Prominvestbank posted UAH 405.6 million, or US$15 million, in loss.
Read alsoUkraine's banking sector reports UAH 400 mln loss in Q2
Most of the banks operating Ukraine, or 67 out of 82 banks, were in the black in the first half of the year. The largest profit was posted by PrivatBank (UAH 6.926 billion, or US$256.5 million), Raiffeisen Bank Aval (UAH 2.752 billion, or US$102 million), UkrSibbank (UAH 1.229 billion, or US$45.5 million).
As UNIAN reported earlier, the banking sector of Ukraine in the second quarter posted UAH 400 million, or US$14.8 million, in loss over significant allocations for the formation of reserves by a large bank.
In total, the banking sector in the first half of 2018 posted UAH 8.3 billion, or US$307 million, in net profit.