Ukraine in January 2019 saw an 18.3% increase in pig iron exports in physical terms compared to the same period of 2018, to 276,408 tonnes.
During this period, the exports of pig iron in monetary terms increased by 25% to $95.082 million, the State Fiscal Service of Ukraine said in its customs statistics update.
At the same time, pig iron was shipped mainly to the United States (63.79% of deliveries in monetary terms), Italy (12.42%) and Mexico (11.01%).
In January 2019, Ukraine imported 21 tonnes of pig iron in the amount of $9,000, while in January 2018 imports totaled 50 tonnes worth $35,000. Imports were from Russia (100% of deliveries in monetary terms).
Kyiv Sikorsky Airport in January 2019 handled 224,600 passengers, which was 44.2% more than in January 2018.
The number of passengers on international flights was 219,800 people and that on domestic flights was 4,800 people, the airport’s press service said. The number of flights handled by the airport in January 2019 was 2,282, both arrivals and departures, which was 21.6% more than the same period in 2018. In particular, there were 1,965 international flights and 317 domestic flights.
The most popular international destinations in January 2019 were Sharm el Sheikh (Egypt), Warsaw (Poland), Minsk (Belarus), Vienna (Austria), Ankara (Turkey), Frankfurt am Main (Germany), Berlin (Germany). Odesa, Lviv, and Zaporizhia were popular domestic destinations.
Kyiv Sikorsky International Airport (Zhuliany) is located in the business center of the capital, seven km from the city center. It is the second largest airport in Ukraine in terms of the number of flights and passenger traffic.
The airport has three terminals with a total area is 21,000 square meters. Terminal B is a separate facility for business-class service, it is part of the Fixed Base Operator (FBO) system. The airport’s runway is able to handle B-737 and A-320 aircraft.
In 2018, the airport serviced 2.812 million passengers, which was 52% more than in 2017. The number of flights was 30,248, which was 30.1% more than 2017.
PrJSC MetLife (Kyiv) saw UAH 166.5 million in net profit in 2018, which is 43.6% more than a year ago (UAH 115.9 million), according to the materials to the agenda of the general meeting of shareholders of the insurer scheduled for March 14, 2019.
Undistributed profit of the company for 2018 amounted to UAH 84.077 million, which is 2.5 times more than in 2017.
Last year, the company increased its assets 22.8% compared with 2017, to UAH 2.619 billion.
The net worth of the insurer for the year increased 18.5%, to UAH 325 million.
Total accounts receivable increased 28%, to UAH 49.6 million, cash and cash equivalents decreased 77.8%, to UAH 124.363 million, current liabilities increased 35.5%, to UAH 134.4 million, and long-term liabilities – by 22.7%, to UAH 2.159 billion.
Private joint-stock company MetLife, registered in 2002, is part of the MetLife international group of companies.
Ukrainian solvent banks in 2018 saw UAH 21.7 billion of net profit compared with UAH 26.5 billion of net loss a year ago, according to a posting on the website of the National Bank of Ukraine (NBU). According to the central bank, the recovery of the profitability of the banking system has become possible thanks to the reduction of sending funds to reserves with a steady increase in interest and commission fee income.
“The amount of payments to reserves more than halved, to UAH 23.7 billion in 2018 from UAH 49.2 billion in 2017. At the same time, the net interest and commission fee income of the banking system increased by an average of 38%,” the NBU said.
At the same time, the National Bank said that the main interest income, as before, is generated by corporate loans – 46% of the total amount, while investment in securities provided 27% of interest income, and retail loans – 26%.
Commission fee incomes increased against the background of the development of cash settlement and other related lending payments, to 25% in the structure of all revenues.
“After 2014-2017 unprofitable for the banking system, profit of banks in 2018 is the largest on the historical horizon. It became possible thanks to the intensification of lending, primarily retail in national currency, which increased by more than 30%. In addition, the decline in interest rates on deposits of individuals during most of the year and a significant reduction in allocations to reserves contributed to profitability of the banking sector. We expect that the year 2019 will also be successful as lending will continue growing,” First Deputy NBU Governor Kateryna Rozhkova said.
The NBU also reported that out of 77 banks operating on January 1, 2019, 64 banks posted UAH 34.4 billion of net profit. At the end of 2017, 64 out of 82 banks operating at that time were profitable.
The most profitable in 2018 were banks with foreign capital (UAH 15 billion profit for the year) and PrivatBank (UAH 11.7 billion). The main loss was generated by banks with public Russian capital (a UAH 11 billion loss).
According to the National Bank, the last time the banking system was profitable in 2013, when its profit amounted to UAH 1.4 billion. Then, in 2014, Ukrainian banks saw a net loss of UAH 33.1 billion, in 2015 a net loss of UAH 66.6 billion, in 2016 a net loss of UAH 159.4 billion and in 2017 UAH 26.5 billion.
