Operating banks in Ukraine post US$322 mln in net profit in two months

It was twice the figure for the same period of the previous year.

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The operating banks of Ukraine in January-February posted UAH 8.691 billion, or US$322 million, in net profit, which is twice the figure for the same period of the previous year.

According to the National Bank of Ukraine, the banks' revenues for the specified period grew by 40.4%, to UAH 39.279 billion (US$1.45 billion), expenses increased by 27.5%, to UAH 30.588 billion (US$1.13 billion).

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UNIAN memo. The banking system of Ukraine in 2018 updated the historical maximum in profit after 4 years of losses, receiving a positive financial result at the level of UAH 21.7 billion (US$803 million).

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