Monobank has increased its profits six-fold to $100 mln.

Monday, November 8, 2021

“We are actively growing our customer base,” said Oleg Gorokhovsky, the co-founder of Monobank. The number of active mono cards as of September 2021 has grown to 4.3 mln, which is twice as many as in 2020. Mono’s retail loan portfolio grew 1.5 times over the year to 23.3 bln ($886 mln), making it the second-largest bank in the market in terms of retail loans.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post

Hilton will build a hotel in Odessa near Arcadia Beach.

Next post

The City of Kyiv has issued ₴300 mln in municipal bonds.

Previous Main Topics