Business news from Ukraine

Business news from Ukraine

PRIVATBANK IS TOP PROFIT-MAKING UKRAINIAN BANK IN 2021

9 February , 2022  

State-owned PrivatBank topped the list of profit-making Ukrainian banks in 2021, declaring UAH 35.05 billion of net profit, while Pravex Bank recorded the largest loss last year – UAH 266.249 million.
According to the data of the National Bank of Ukraine (NBU), the second position in the list of profit-making banks was taken by Raiffeisen Bank Aval (UAH 4.858 billion), and the third by FUIB (UAH 4.188 billion). According to the results of 2021, the subsidiary of the Russian Sberbank IR Bank (UAH 3.897 billion) is in the fourth position, and Ukrgasbank is in the fifth position (UAH 3.82 billion).
According to the central bank, Unex Bank (UAH 50.355 million) ranked second among loss-making banks, BTA Bank (UAH 32.085 million) ranked third, Ukrainian Bank for Reconstruction and Development fourth (UAH 27.928 million) and Alpari Bank fifth (UAH 6.12 million).
During this period, 66 out of 71 banks operating in Ukraine saw profit.
According to the statistics of the National Bank, in terms of total assets, PrivatBank (UAH 582.851 billion) retained the first place in the ranking in 2021 (UAH 582.851 billion), Oschadbank (UAH 249.938 billion) was second, Ukreximbank was third (UAH 210.029 billion), and Ukrgasbank was fourth (UAH 130.817 billion) and Raiffeisen Bank Aval fifth (UAH 133.651 billion).

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