Ukraine's solvent banks post UAH 223 mln in loss in 2017 to date

The total loss of Ukrainian solvent banks was estimated at UAH 223 million in January-July 2017, which was by 41.5 times down from the total loss year-over-year (y-o-y), according to the National Bank of Ukraine (NBU).

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Ukraine's solvent banks received UAH 1.43 billion in profit over the period under review.

According to the NBU, incomes of banks for January-July amounted to UAH 101.624 billion, which is almost the same y-o-y, while expenses decreased by UAH 9.027 billion or 8.1%, to UAH 101.846 billion.

Read alsoNBU buys $51 mln in auction Aug 21As UNIAN reported earlier, the NBU preliminarily estimates that Ukraine's banking system hit a new record in 2016, having posted UAH 159 billion in losses. The total losses in the banking sector, including those of insolvent banks, were UAH 160.143 billion.

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