In May, Ukrainian banks earned UAH 6.1B. The main share of profit, 78% or UAH 4.8B, was earned by the state-owned Privatbank, reported opendatabot. Ukrgasbank also made a small profit of UAH 400M. On the other hand, other state-owned banks c... #BankingUkraine #OTPbank #PrivatBank #UkraineBanks #Ukrsibbank
The net operating profit of Ukrainian banks increased by 30% in 5 months. According to the results from the first five months of the current year, the net operating profit of Ukrainian banks increased by more than 30% year over year, said the Deputy Chairman of the NBU, Yar... #bankingduringwar #BankingUkraine #UkraineBanks
Ukraine’s international reserves have decreased by 7%. In May, Ukraine’s international reserves fell by 7% – as of June 1 these reserves, according to preliminary data, amounted to $25.1 B, reported the National Bank of Ukraine. In May, rese... #BankingUkraine #BankReservesDuringWar #nbu #UkraineReserves
Ukrainians are spending $100M per day on hryvnia cards abroad. The daily volume of operations abroad on hryvnia cards issued in Ukraine is about $100M, creating significant pressure on the country’s reserves, said NBU top manager Alexei Lupin. On May 21, ... #BankingUkraine #nbu #UkraineDebitCards
New strategic directions for public sector banks during martial law. The Cabinet of Ministers approved the strategic directions of activity for public sector banks during martial law and post-war economic recovery, announced the Ministry of Finance. In particular, the... #BankiingDuringWar #BankingUkraine #nbu #НаціональногобанкуУкраїни
Ukraine’s international reserves fell by another $1.5B. However, thanks to international assistance, the NBU will be able to maintain reserves at the proper level. “As of the beginning of May, the reserves, according to operational data, amounted to ... #BankingUkraine #KyryloShevchenko #nbu #UkraineReserves
The NBU plans to expand its lending business. In early April, the National Bank appealed to the Cabinet of Ministers to increase business lending. Among the developments: the expansion of the portfolio guarantee program for large agricultural ent... #BankingUkraine #Lending #nbu #NBUlending
PrivatBank allocates UAH 2B for small business lending. The bank has opened the acceptance of applications for financing micro / small businesses that are exporters or work in critical areas for the state in halting Russian aggression and overcoming its co... #BankingUkraine #Lending #PrivatBank
The NBU cancels the calculation of the short-term liquidity ratio by banks. The National Bank has abolished the short-term liquidity ratio (H6) for banks due to the end of the transition period for the introduction of the Net Stable Funding Ratio (NSFR). The introduction of ... #BankingUkraine #NationalBankofUkraine #nbu
Ukrainian banks retain stability and liquidity. Despite the deployment of military operations on Ukrainian territory, banks have maintained stability and liquidity, said the chairman of the National Bank, Bohdan Danilishin. Thus, as of February 1,... #bankingduringwar #BankingStability #BankingUkraine
In 2021, banks issued almost UAH 9B in new mortgages. The National Bank of Ukraine reported that in December 2021 they issued 1,113 mortgage loans totaling UAH 990M ($35.4M). In 2021, banks issued 10,800 mortgage loans totaling UAH 8.9B ($317M). Almost ... #BankingUkraine #MortgagesUkraine #nbu #UkraineBanks
As of 1 December 2021, the NBU will increase the limits on banks’ open long and short FX positions from 10% to 15% of their regulatory capital. The NBU projects that the higher limits will expand by about $400 mln the banks’ ability to conduct interbank transactions within their FX positions. This will contribute to the banks’ gre... #BankingUkraine #nbu
Depositors of insolvent banks received almost UAH 50 million in returned funds in October. For 10 months of 2021, the Deposit Guarantee Fund of Individuals paid UAH 816.2 mln ($31 mln) in guaranteed compensation to depositors of insolvent banks, of which UAH 49.8 mln ($1.9 mln) in October 2... #BankingUkraine #InsolventBanksUkraine #UkraineBanks
Banks loans to small and medium-sized businesses amounted to UAH 6.1 bln ($228 mln). Banks issued 2,112 loans under state guarantees on a portfolio basis in support of micro, small and medium-sized businesses. As of October 1, the total amount of loans was valued at UAH 6.1 billion. I... #BankingUkraine #LoansforBusiness #SmallBusinessUkraine
NBU provides refinancing for three banks. On September 3, 2021, a quantitative tender was held for the refinancing of banks for a term of 84 days. The applications of three banks for a total sum of UAH 535.0 million at an interest rate of 9.0... #BankingUkraine #NationalBankofUkraine #NBUukraine
PrivatBank earned $435 million in net profit during the first half of this year, making it Ukraine’s most profitable bank , reports the National Bank of Ukraine. The next most profitable banks were: Raiffeisen Bank – $86 million; Sberbank – $79 million; FUIB – $74 million; and Universal Bank – $60... #BankingUkraine #BanksinUkraine #PrivatBankUkraine
The closing of 2/3 of Ukraine’s banks since 2014 affected 7.7 million Ukrainians – about one third of the adult population, Eduard Bagirov, chairman of International League for the Protection of Citizens’ Rights, said Friday at a press conference at Ukrinform. The banking crisis engendered a distrust of banks, which ... #BankingCrisisinUkraine #BankingUkraine #ClosedBanksaffectedUkrainians #UkraineClosedBanks
Lyubchenko said he wants banks to move from buying government debt to lending to manufacturers. He said he favors an innovation economy and stress on producing at home rather than importing. “The law enforcement function should leave the economy,” said Lyubchenko, who served for the last year as... #BankingLendingUkraine #BankingUkraine #ukrainedebt
PrivatBank, Ukraine’s largest bank, will put up for sale ‘soon,’ announced Kyrylo Shevchenko, the Governor of the National Bank of Ukraine, (GlobalCapital). “The privatization of PrivatBank, which owns 20% of the Ukrainian banking market, will be of interest to the... #BankingUkraine #PrivatBank #privatizationofPrivatBank
Oschadbank, Ukraine’s second largest bank, plans to appeal Tuesday’s decision by the Paris Court of Appeal that it lacks jurisdiction to arbitrate the 2014 seizure by Russia’s Sberbank of Oschadbank’s assets in Crimea. State-owned Oschadbank seeks $1.3 billion in compensation. #BankingUkraine #oschadbank #Sberbank
