In May 2024, state-owned PrivatBank increased its net profit by 80% compared to April and with UAH 6.5 billion topped the country’s five most profitable banks, according to the National Bank of Ukraine (NBU) on its website. According to the data, Privat is followed by state-owned Oschadbank, which earned UAH 2.3 billion in net profit in May, up 40.3% from April.
Another state-owned bank, Ukreximbank, rounded out the top three most profitable banks in May, increasing its net profit more than threefold to UAH 1.3 billion compared to April, and pushing Raiffeisen Bank to fourth place, whose net profit in May decreased by 16.3% to UAH 670.2 million compared to April.
The top five in May was rounded out by Pivdenny Bank, which quadrupled its net profit in May compared to April to UAH 632 million.
The second five were formed by Universal Bank (mono) – UAH 625.4 million, Uksibbank – UAH 594.8 million, FUIB – UAH 534.9 million, Credit Agricole Bank – UAH 506.6 million and OTP Bank – UAH 446 million.
According to the statistics, Ukrgasbank, which was the 7th largest bank in terms of net profit in April, took the 12th position in May with a net profit of UAH 370.3 million.
In addition to Ukrgasbank, four other banks made a net profit of over UAH 100 million in May 2024: City Bank – UAH 390 million, Sense Bank, which was nationalized last July, – UAH 254 million, Cominbank – UAH 137.8 million, and Kredobank – UAH 121 million.
The top three most unprofitable banks in May were led by Poltava-Bank with a net loss of UAH 28.8 million, followed by Cominvestbank with UAH 17.2 million and Industrialbank with UAH 6.5 million.
Overall, in the first 5 months of 2024, banks’ net profit increased to UAH 67.9 billion from UAH 52.1 billion in the first four months of the year.
Geographic structure of Ukraine’s foreign trade in 2023
Source: Open4Business.com.ua and experts.news
The negative balance of Ukraine’s foreign trade in goods in January-May 2024 increased 1.2 times compared to the same period of 2023 – to $10.716 billion from $8.882 billion, the State Statistics Service (Gosstat) said on Monday.
According to its data, exports of goods from Ukraine for the period increased by 1.7% to $16.832 billion compared to January-May 2023, while imports increased by 8.3% to $27.548 billion.
State Statistics Committee specified that in May compared to April this year, seasonally adjusted exports decreased by 1.3% to $3.442bn, while imports decreased by 3.9% to $6.089bn.
The seasonally adjusted foreign trade balance in May-2024 was negative at $2.647bn, while in the previous month it was also negative at $2.850bn.
The export-import coverage ratio for the first five months of 2024 amounted to 0.61 (0.65 in January-May 2023).
State Statistics specified that foreign trade operations were conducted with partners from 220 countries.
Earlier, the analytical center Experts Club and Maxim Urakin released a video analysis of how the GDP of the world’s countries has changed in recent years, more detailed video analysis is available here – https://youtu.be/w5fF_GYyrIc?si=BsZmIUERHSBJrO_3.
The Ministry of Education and Science of Ukraine starts the process of selecting candidates for the position of educational ombudsman.
“Educational Ombudsman is an important position in the system of protection of rights in the field of education. Its main task is to ensure the rights and freedoms of a person and a citizen in the field of education,” the ministry said in a statement.
Candidates for the post of educational ombudsman must have citizenship of Ukraine, higher education, work experience in the field of education or science for at least 5 years, reside in Ukraine for the last 5 years, fluent in the state language.
“Please note that the educational ombudsman can not be a person who has a criminal record, limited in capacity or recognized as incapable by a court decision. In addition, this position is incompatible with other types of paid activities, except for teaching, scientific and creative”, – added in the department.
According to the message, the documents will be accepted until July 28, they can be submitted in person or sent by mail to the Ministry at the address: Beresteisky Avenue, 10, comp. 136, 138, Kyiv 01135.
“MES invites to join the competition specialists who have extensive experience in the field of education and are ready to actively protect the rights of all participants of the educational process”, – summarized in the Ministry of Education.
In this regard, Minister of Education and Science Oksen Lisovy thanked the current educational ombudsman Serhiy Gorbachev for his work in the post for the last five years.
As reported, the Director of Kyiv specialized school № 148 Serhiy Gorbachev was appointed to the post of educational ombudsman in August 2019. He became the first educational ombudsman in Ukraine.
In June 2018, the Cabinet of Ministers approved the establishment of the educational ombudsman service from January 1, 2019.
The auction for the sale in the system “Prosorro.Sales” of a single property complex of the state enterprise “Hotel “Ukraine” will be held on September 18, and 100% stake in JSC “United Mining and Chemical Company” (UGCC) – on October 9 of that year, the relevant dates determined the State Property Fund on Monday.
“Both auctions will be held in electronic format in the system “Prosorro.Sales” with the conditions approved by the Cabinet of Ministers on July 12, 2024. The maximum possible term for the auction has been set for OGCC, which allows potential buyers, including foreign ones, to conduct a full-fledged independent due diligence (Due Diligence) of the enterprise,” the privatization agency noted in a press release.
The starting price for the sale of the capital’s Hotel Ukraina is set at UAH 1 billion 47.637 million, while the price for OGCC is set at UAH 3 billion 899.358 million.
Ukrainian enterprises, according to the customs authorities, in January-June this year reduced imports of lead and lead products by 3.9% – to $560 thousand (in June – $137 thousand).
Exports of lead and lead products decreased by 30.8% over the reporting period – to $5.404 million (in June – $1.070 million),
The main use of lead is in the production of lead-acid batteries for the automotive industry. In addition, lead is used to make bullets and some alloys.
