Solvent banks' assets shrink by US$240 mln in Oct – NBU

There were 79 solvent licensed banks in Ukraine as of November 1, 2018.

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Solvent banks' assets in Ukraine in October 2018 alone shrank by 0.5%, or UAH 6.759 billion (US$240 million), to UAH 1.348 trillion ($48 billion).

Their assets have grown by 1.1%, or by UAH 14.151 billion ($503.4 million) since the beginning of the year, according to the National Bank of Ukraine (NBU).

The banks' liabilities decreased by 0.9% in October 2018, yet they demonstrated growth by 2.3% over the 10 months of the year, to UAH 1.2 trillion ($42.7 billion).

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Their capital was 7.9% down over the 10 months of 2018, to UAH 148.4 billion ($5.3 billion). But in October alone, the banks posted a 2.9% rise in capital.

The number of solvent licensed banks in Ukraine decreased by two financial institutions in October 2018 alone and by three since the beginning of the year, to 79 banks as of November 1.

As UNIAN reported earlier, solvent banks' assets in Ukraine in 2017 rose by 6.4%, or UAH 80 billion ($2.8 billion), to UAH 1.336 trillion ($47.5 billion).

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