Nine out of 25 foreign-owned banks operating in Ukraine were in the black / Photo from UNIAN
Ukraine's banking system posted almost UAH 77.935 billion in loss under the International Financial Reporting Standards (IFRS) last year with the losses of solvent Ukrainian banks alone being estimated at UAH 71.891 billion, according to the National Bank of Ukraine (NBU).
Insolvent banks' losses totaled UAH 6.044 billion.
State-owned banks posted UAH 26.166 billion in loss. Three out of the six banks were profitable.
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