State banks are displacing their competitors: How much did financial institutions earn in three quarters of the year? After paying taxes, 62 Ukrainian banks generated ₴117.63B ($2.8B) in profit for the first nine months of the year. Even though the banking sector’s tax rate increased significantly this year, to... #MotorBank #MTBbank #PrivatBank #RaiffeisenBank #UkraineBanksProfits
Ukrainian banks increased their profits by 22%, with one of them accounting for 40% of the total amount. The total profit generated by Ukrainian banks for the first seven months of the year is ₴119.44B, which is 22% more than in the same period last year. Along with earnings, income tax increased by 80% ... #financeUkraine #MTBbank #PrivatBank #UkraineBanksProfits #UkraineEconomy #UkrainianBanks
