Chairman of the Verkhovna Rada of Ukraine Ruslan Stefanchuk will be on a working visit to the Republic of Latvia on July 9-10, according to the press service of the Ukrainian parliament.
“The main purpose of the visit is to achieve international consensus on Ukraine’s path to NATO on the eve of the Vilnius summit of the Alliance, to strengthen assistance to Ukraine in countering the aggressor, support on the path of European integration,” the report said.
In Riga Stefanchuk will take part in the Summit of the heads of the parliaments of Latvia, Lithuania, Estonia, the Sejm of the Republic of Poland and Ukraine. This meeting will be the last high-level parliamentary event ahead of the NATO summit, which will be held July 11 in Vilnius.
The visit also includes meetings with newly elected Latvian President Edgars Rinkevics, former President Egils Levits, and talks with Latvian Saeima Speaker Edvards Smiltens and Prime Minister Krisjanis Karins.
In May 2023 state-owned PrivatBank again topped the list of the most profitable banks with UAH 4 billion 597.1 million net profit, followed by the bank with Ukrainian capital FUIB with UAH 756.4 million.
According to the data published by the National Bank of Ukraine on its website, in the top five banks with the greatest net profit in May there are also three banks with foreign capital: Ukrsibbank – UAH 577.7 million, OTP Bank – UAH 560.8 million and Raiffeisen Bank – UAH 436.4 million.
The second top five banks were state-owned Ukrgasbank and Ukreximbank (UAH 376.2 mln and UAH 292.5 mln, respectively) and banks with foreign capital: Citibank (UAH 324.0 mln), Credit Agricole Bank (UAH 301.1 mln), and Credobank (UAH 231.2 mln).
Four more banks made profit ranging from 200m UAH to 100m UAH: Pivdenniy Bank – 168.6m UAH, Oshchadbank – 160.8m UAH, Universal Bank (mono) – 149.4m UAH, and ING Bank Ukraine – 139.4m UAH.
Among these 14 banks, the largest reserves in May were disbanded Ukrexim – 1 billion 253.2 million UAH and Oschadbank – 315.8 million UAH, while the largest new reserves were formed by Privat – 784.0 million UAH and Raif – 647.2 million UAH.
The list of 9 unprofitable banks in May was headed by Motor Bank – 12.8 million UAH and First Investment Bank – 9.5 million UAH, while the rest of the banks have less than 5 million UAH.
In May, the net profit of banks decreased to 9.59 billion UAH from 9.94 billion UAH in April and 12.58 billion UAH in March, which, however, is more than 6.61 billion UAH in February. Excluding Privat, the net profit of the banks in May was UAH 5.35 billion against UAH 5.52 billion in April.
At the same time if in April total assets of all banks increased by 61.53 billion UAH, in May – only by 2.23 billion UAH due to decrease of Privat by UAH 16.88 billion, Raif – by UAH 7.26 billion, and OTP – by UAH 5.04 billion.
The leaders in increase of assets in May were Ukrgas – UAH 6.90 billion, City – UAH 3.80 billion, FUIB – UAH 3.38 billion, Credit Agricole – UAH 3.35 billion, and Pivdenniy Bank – UAH 2.97 billion.
According to May results, this increase in assets allowed Crédit Agricole to enter the top ten largest Ukrainian banks with UAH 96.74 bn., leaving behind Sense-Bank (former Alfa-Bank), whose assets decreased by UAH 0.55 bn. in May and reached UAH 96.64 bn. We remind that at the beginning of 2022, Alfa Bank was the 6th largest bank by assets on the market with UAH 125.36 bln.
Increase of obligatory reserves in May caused increase of UAH 13.26 bn. in bank portfolios after decrease by UAH 5.39 bn. in April.
Raif increased its portfolio the most, by UAH 6.19 bln, Ukrsib by UAH 4.75 bln, Oschad by UAH 3.03 bln, Citi by UAH 1.20 bln, and ING Bank by UAH 0.90 bln.
In general, according to the results of five months of the year the most profitable bank by a wide margin remains PrivatBank – UAH 25.48 billion, or 47.5% of the total net profit of the banking system for the period.
In January-May, Raif received UAH 3.26 billion in net profit, FUIB – UAH 2.99 billion, Ukrsibbank – UAH 2.89 billion, OTP Bank – UAH 2.60 billion, City – UAH 2.27 billion, Oschad – UAH 2.23 billion and UKrgas – UAH 2.18 billion.
Among the 11 banks, whose net profit for the five months exceeded 1 billion UAH, also Ukrexim – 1.54 billion UAH, Sens-Bank – 1.40 billion UAH and Universal (mono) – 1.31 billion UAH.
In May 2023 state-owned PrivatBank again topped the list of the most profitable banks with UAH 4 billion 597.1 million net profit, followed by the bank with Ukrainian capital FUIB with UAH 756.4 million.
According to the data published by the National Bank of Ukraine on its website, in the top five banks with the greatest net profit in May there are also three banks with foreign capital: Ukrsibbank – UAH 577.7 million, OTP Bank – UAH 560.8 million and Raiffeisen Bank – UAH 436.4 million.
The second top five banks were state-owned Ukrgasbank and Ukreximbank (UAH 376.2 mln and UAH 292.5 mln, respectively) and banks with foreign capital: Citibank (UAH 324.0 mln), Credit Agricole Bank (UAH 301.1 mln), and Credobank (UAH 231.2 mln).
Four more banks made profit ranging from 200m UAH to 100m UAH: Pivdenniy Bank – 168.6m UAH, Oshchadbank – 160.8m UAH, Universal Bank (mono) – 149.4m UAH, and ING Bank Ukraine – 139.4m UAH.
Among these 14 banks, the largest reserves in May were disbanded Ukrexim – 1 billion 253.2 million UAH and Oschadbank – 315.8 million UAH, while the largest new reserves were formed by Privat – 784.0 million UAH and Raif – 647.2 million UAH.
The list of 9 unprofitable banks in May was headed by Motor Bank – 12.8 million UAH and First Investment Bank – 9.5 million UAH, while the rest of the banks have less than 5 million UAH.
In May, the net profit of banks decreased to 9.59 billion UAH from 9.94 billion UAH in April and 12.58 billion UAH in March, which, however, is more than 6.61 billion UAH in February. Excluding Privat, the net profit of the banks in May was UAH 5.35 billion against UAH 5.52 billion in April.
At the same time if in April total assets of all banks increased by 61.53 billion UAH, in May – only by 2.23 billion UAH due to decrease of Privat by UAH 16.88 billion, Raif – by UAH 7.26 billion, and OTP – by UAH 5.04 billion.
The leaders in increase of assets in May were Ukrgas – UAH 6.90 billion, City – UAH 3.80 billion, FUIB – UAH 3.38 billion, Credit Agricole – UAH 3.35 billion, and Pivdenniy Bank – UAH 2.97 billion.
According to May results, this increase in assets allowed Crédit Agricole to enter the top ten largest Ukrainian banks with UAH 96.74 bn., leaving behind Sense-Bank (former Alfa-Bank), whose assets decreased by UAH 0.55 bn. in May and reached UAH 96.64 bn. We remind that at the beginning of 2022, Alfa Bank was the 6th largest bank by assets on the market with UAH 125.36 bln.
Increase of obligatory reserves in May caused increase of UAH 13.26 bn. in bank portfolios after decrease by UAH 5.39 bn. in April.
Raif increased its portfolio the most, by UAH 6.19 bln, Ukrsib by UAH 4.75 bln, Oschad by UAH 3.03 bln, Citi by UAH 1.20 bln, and ING Bank by UAH 0.90 bln.
In general, according to the results of five months of the year the most profitable bank by a wide margin remains PrivatBank – UAH 25.48 billion, or 47.5% of the total net profit of the banking system for the period.
In January-May, Raif received UAH 3.26 billion in net profit, FUIB – UAH 2.99 billion, Ukrsibbank – UAH 2.89 billion, OTP Bank – UAH 2.60 billion, City – UAH 2.27 billion, Oschad – UAH 2.23 billion and UKrgas – UAH 2.18 billion.
Among the 11 banks, whose net profit for the five months exceeded 1 billion UAH, also Ukrexim – 1.54 billion UAH, Sens-Bank – 1.40 billion UAH and Universal (mono) – 1.31 billion UAH.
Ukrainian and Polish presidents Volodymyr Zelenskyy and Andrzej Duda have met in Lutsk (Volyn Region).
A photo of the presidents in the Church of Saints Peter and Paul in Lutsk was published by the “Suspicious” telegraph channel.
The website of the Polish presidential office also published a photo from the church with the presidents. “Together we pay tribute to all those innocently killed in Volyn! We are united by memory! Together we are stronger,” they wrote.
In the telegram channel of the president of Ukraine also published photos of the meeting of Zelensky and Duda with a similar inscription: “Together we honor all the innocent victims of Volyn! The memory unites us! Together we are stronger!”.
Earlier it was reported that in July Ukraine and Poland will hold a series of events on the 80th anniversary of the Volyn tragedy.
One day of Russian military aggression costs €102 million or 4 billion hryvnia of damage to the Ukrainian environment, Minister of Environmental Protection and Natural Resources Ruslan Strilets said on Saturday.
“1 day of the great war = 102 million euros or 4 billion hryvnia of environmental damage. And that’s without taking into account Russia’s ecocide at the Kakhovka hydroelectric power plant,” the government portal quoted Strilets as saying.
He noted that every day inspectors of the State Ecological Inspectorate of Ukraine record the destruction of the environment from hostilities, large losses of natural resources continue.
“Today there are already about 51 billion euros or 2 trillion hryvnias of environmental damage. This means that every day of war costs Russia at least 102 million euros or 4 billion hryvnias of environmental damage,” the minister believes.
Strilets said that the aggressor country must pay for all the damage caused, and to this end, Ukraine is working on the recognition of ecocide in international law.
Net sales of dollars by the National Bank of Ukraine (NBU) in the first week of July totaled $471.9 million, compared to $520.4 million in the last week of June.
According to the NBU on its website, from July 3 to 7, 2023, its purchase of currency decreased from $12.6 million to $6.7 million, while the sale went from $533.0 million to $478.5 million.
On the cash market, the dollar depreciated by about 5 kopecks during the week. – Up to UAH 37.20 per $1.
Since the beginning of the year, the NBU bought $184.6 mln at the market, while it sold $12.934.4 mln.
As we reported, the volume of interventions of the National Bank in June decreased to $1.80 billion from $1.93 billion in May.
However, due to significant inflows of external financing, international reserves grew by 4.5% in June to $39.00bn.
