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PrivatBank

Thursday, October 10, 2019
PrivatBank

PrivatBank posts a record profit of $1.11 billion in the first nine months of 2019, according to Board Chairman Petr Krumhanzl. Commissions netted the bank $539 million in revenue while interest income generated $596 million. PrivatBank was nationalized in Dec. 2016, after the previous ownership group, led by Ihor Kolomoisky, put the bank $5.5 billion in the red.

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5.4% of GDP will be spent on defense and security in 2020, according to Finance Minister Oksana Markarova.

5.4% of GDP will be spent on defense and security in 2020, according to Finance Minister Oksana Markarova.

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Zelenskiy promises not to return PrivatBank to its former owners

Zelenskiy promises not to return PrivatBank to its former owners

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