In Ukraine, most operating banks post profit in Jan-Sept – NBU

In particular, PrivatBank, Raiffeisen Bank Aval, Ukreximbank, Ukrsibbank, and PUMB received largest profits.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

The majority, or 66 of the 76 banks operating in Ukraine in January-September 2019 made profits, while 10 financial institutions ended the first year-half with a loss.

In particular, PrivatBank, Raiffeisen Bank Aval, Ukreximbank, Ukrsibbank, and PUMB received largest profits, while Ukrsotsbank, a subsidiary of the Russian Sberbank, Pravex Bank, Credit Dnipro Bank, Misto Bank and Cominvestbank saw largest losses, the National Bank of Ukraine (NBU) said.

Read alsoNBU stress test: Ukrainian banks additionally need from US$1.4 bln to US$3 bln

There are four state-owned banks in Ukraine – PrivatBank, Oschadbank, Ukrgasbank, and Ukreximbank.

As UNIAN reported earlier, Ukraine's operating banks in January-September 2019 posted UAH 48.35 billion, or US$1.9 billion, in net profit, which was four times up year-over-year.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!