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PrivatBank, Ukraine’s largest bank, recorded the hryvnia equivalent of $1.7 billion in profit

Monday, November 25, 2019
PrivatBank, Ukraine’s largest bank, recorded the hryvnia equivalent of $1.7 billion in profit

PrivatBank, Ukraine’s largest bank, recorded the hryvnia equivalent of $1.7 billion in profit in the first 10 months of this year, double the level during the same period last year. After the bank was nationalized, the state had to inject $5.5 billion into the bank to stabilize it. According to new central bank numbers, Ukraine’s solvent banks recorded $2.2 billion in profit through October, three times the level of the same period last year.

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Friday, November 22
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With more Ukrainians dying on the highways every year than in the war, the Infrastructure Ministry has set a goal of cutting accidents by 30% next year.

With more Ukrainians dying on the highways every year than in the war, the Infrastructure Ministry has set a goal of cutting accidents by 30% next year.

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Tuesday, November 26
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Russia’s biggest mobile phone operator MTS has agreed to sell Vodaphone Ukraine Vodaphone to Azerbaijan’s Bakcell LLC for $734 million.

Russia’s biggest mobile phone operator MTS has agreed to sell Vodaphone Ukraine Vodaphone to Azerbaijan’s Bakcell LLC for $734 million.

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