Ukrainian banks’ profits in January-September 2022 amounted to 7.4 billion UAH, which is 6.9 times less than in the same period last year (51.4 billion UAH), the press service of the National Bank of Ukraine (NBU) said on Monday.
According to the report, losses of Ukrainian banks in September amounted to 1 billion UAH, while August’s profit amounted to 5.05 billion UAH.
The regulator noted that banks’ revenues in September increased by 13.3%, while expenses increased by 13.1%.
According to the regulator, banks’ income for nine months of this year increased by 30.8% against the same period last year – up to 255.08 billion UAH. At the same time, the fee and commission income decreased by 16% – to UAH 59.8 billion (whereas over the same period last year it increased by 28%).
At that the result from revaluation and purchase and sale operations was positive and made UAH 37.1 billion, while over the same period of previous year it was negative and made UAH 2.4 billion.
At the same time expenses of banking system in January-September 2022 increased by 72.5% compared with this index in 2021 – up to 247.7 billion UAH, including deductions to reserves – 12.9 times, up to 99 billion UAH. At the same time, the commission expenses increased by 2% up to UAH 25 billion,
As reported, the Ukrainian banks in 2021 doubled the net profit – up to 77.5 billion UAH, compared with 41.3 billion UAH in 2020.
