Loss of operating banks in Ukraine drops more than fourfold

Banks operating in Ukraine, excluding the insolvent financial institutions, reported UAH 11.6 bln in losses in January-September 2016, according to the National Bank of Ukraine.

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The figure is 4.4 times lower than in the same period last year when UAH 51.1 bln losses were reported.

Read alsoNBU raises forecast for FDI income in 2016The National Bank of Ukraine wrote on its website that the decrease in losses was due to the reduction by 58.6% of volumes of bank transfers to reserves for active transactions.

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