Photo from UNIAN
There are four banks with state capital on the Ukrainian market: PrivatBank, Ukrgasbank, Ukreximbank, and Oschadbank.
Ukraine's state-owned banks in January-March 2019 (Q1) posted UAH 8.1 billion (US$307.5 million) in net profit, which accounted for 63% of the entire banking sector's profit.
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Loans issued to individuals over the period under review increased by 5%, whereas those extended to legal entities shrank by 4%, Ukraine's Finance Ministry said on its website on May 24.
Individuals' funds grew by 1%, while those of entities and non-bank financial institutions also expanded by 1%.
UNIAN memo. The Ukrainian operating banks in January-March 2019 posted UAH 12.9 billion (US$489.7 million) in net profit, which was 1.5 times up y-o-y.
There are four banks with state capital on the Ukrainian market: PrivatBank, Ukrgasbank, Ukreximbank, and Oschadbank.