Photo from UNIAN
Ukrainian solvent banks in January-October 2017 received UAH 2.154 billion (US$79.1 million) in net profit against UAH 12.6 billion ($462.9 million) in loss year-over-year (y-o-y), according to the National Bank of Ukraine (NBU).
The solvent banks' profit in October alone was estimated at UAH 748 million ($27.5 million), it said.
Read alsoSolvent banks in Ukraine make UAH 1.4 bln since year-start
As UNIAN reported, Ukraine's banking system in 2016 updated its record losses, reporting negative results at UAH 159 billion ($5.8 billion). The total annual loss of the banking system, including both operating and insolvent banks, amounted to UAH 160.143 billion ($5.9 billion).
The previous record loss of the Ukrainian banking system was registered in 2015 when the negative financial performance by the operating banks stood at UAH 66.6 billion ($2.4 billion).