Ukraine solvent banks' assets shrink by $715 mln in H1

Assets of solvent banks in Ukraine, excluding the insolvent financial institutions, in January-June 2017 (H1) fell by UAH 18.375 billion (US$715 million), or by 1.5%, as of July 1, 2017, to UAH 1.238 trillion, or $48.2 billion, according to the National Bank of Ukraine.

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The assets decreased by UAH 11.655 billion ($453.5 million) or by 0.9% in June 2017, the report says.

The banks' liabilities shrank by 3.1% in H1 2017, whereas they fell by 0.1% in June, to UAH 1.097 trillion ($42.7 billion).

Read alsoUkrainian banks owe about UAH 65 bln to Central BankThe banks' capital increased by 13.5% over the period under review, including a 7% rise in June, to UAH 140.5 billion ($5.5 billion).

As of July 1, 2017, the number of solvent banks that have a license to conduct banking activities in Ukraine amounted to 90 financial institutions, including 38 banks with foreign capital.

UNIAN memo. The assets of 117 solvent banks in Ukraine were estimated at UAH 1.254 trillion ($48.8 billion) as of early 2016.

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