Business news from Ukraine

PRIVATBANK SEES UAH 11.7 BLN OF NET PROFIT IN 2018

23 January , 2019  

PrivatBank (Kyiv) in 2018 saw UAH 11.7 billion of net profit, Board Chairman Petr Krumphanzl has said.
“2018 was not easy, but we were successful. I think that this figure [profit] is a contribution for the state, because it helps the development of the country, it helps the stability of the financial system, and it helps us to implement the strategy [of the bank’s development] approved by the Ministry of Finance. This is the best result since the economic crisis and the outbreak of war, and I am pleased that today I can name this figure – UAH 11.7 billion,” he said at a briefing in Dnipro on Tuesday.

,