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Ukrainian solvent banks in January-May 2017 received UAH 6.851 billion (US$262.5 million) of net profit against UAH 9.246 billion ($354.3 million) loss year-over-year (y-o-y), according to the National Bank of Ukraine (NBU).
Revenues of solvent banks in January-May 2017 grew by 2.3% y-o-y, to UAH 73.939 billion, while expenses dropped by 17.7%, to UAH 67.088 billion.
Read alsoUkraine's solvent banks see billions in profit against losses year earlierAt the same time, Ukrainian solvent banks saw a UAH 2.567 billion loss in May 2017 after a UAH 4,332 billion profit in April 2017, according to the data provided.
As UNIAN reported earlier, Ukraine's banking system, taking into account solvent and insolvent banks, received a record UAH 195.658 billion loss in 2016.