The share of non-performing loans (NPLs) in the banking sector fell by 1 percentage point to 12.92% during January–March 2026, according to data from the National Bank of Ukraine (NBU).
“The decline in the NPL ratio in January–March 2026 was driven by both an increase in the volume of new, higher-quality loans and the resolution of non-performing debts,” the National Bank noted in a press release on its website.
The banking system’s gross loan portfolio grew by 75.84 billion UAH in the first quarter of 2026—to 1 trillion 435.58 billion UAH—including an increase of 3.66 billion UAH in March.
The trend in the gross volume of non-performing loans during the quarter was uneven: after growing in January, the figure declined in February and March, and the March reduction of UAH 5.55 billion accounted for the bulk of the quarterly decrease of UAH 3.82 billion—to UAH 185.49 billion.
A reduction in the NPL ratio in the first quarter of the year was recorded across all bank groups: for banks with state ownership (excluding PrivatBank)—from 25.07% to 23.86%, at PrivatBank—from 8.45% to 7.74%, at financial institutions with foreign capital—from 6.46% to 6.17%, and at private Ukrainian banks—from 8.37% to 7.75%.
In absolute terms, as of April 1, NPLs increased at PrivatBank by UAH 592.0 million, to UAH 19.41 billion, and at banks with foreign capital by UAH 196.43 million, to UAH 18.76 billion.
The top five banks by NPL volume were state-owned banks: Oschadbank with UAH 44.78 billion (UAH 43.83 billion at the start of the year), Ukreximbank – UAH 25.52 billion (UAH 33.19 billion), Sens Bank – UAH 23.92 billion (UAH 22.46 billion), Ukrgasbank – UAH 21.87 billion (UAH 21.79 billion), and PrivatBank – UAH 19.41 billion (UAH 18.82 billion).
The top ten also included Raiffeisen Bank with UAH 8.17 billion (UAH 8.05 billion), PUMB – UAH 5.04 billion (UAH 4.94 billion), TAScombank – UAH 4.06 billion (UAH 4.08 billion), OTP Bank – UAH 3.71 billion (UAH 3.19 billion), and Idea Bank – UAH 3.52 billion (UAH 3.17 billion).
At the same time, Alliance Bank had the highest NPL ratio among banks with the largest loan portfolios—39.9% (49.6%), followed by Sens Bank with 29.8% (28.5%), and Idea Bank rounded out the top three with 28.8% (28.6%).
State-owned banks took fourth through sixth place: Oschadbank – 26.4% (26.5%), Ukreximbank – 20.8% (25.3%), and Ukrgasbank – 19.3% (20.1%).
The top ten also included TAScombank with 16.3% (16.6%), MTB Bank – 11.6% (9.9%), A-Bank – 10.9% (12.0%), and Radabank – 10.6% (12.3%).
The Central Bank noted that in the corporate sector, the share of non-performing loans decreased from 16.99% to 15.73% in the first quarter, and in the retail sector from 10.78% to 10.32%.
As reported, the downward trend in the NPL ratio has continued since early 2023, when it rose to 38.1%. Prior to Russia’s full-scale invasion, non-performing loans in Ukrainian banks had been declining since 2018: from 55% to 27% as of March 1, 2022.
In December 2025, the NPL ratio fell sharply—from 23.9% to 13.9%—after PrivatBank ceased recognizing approximately 140 billion UAH in old hryvnia-denominated assets as non-performing.
Banks are increasingly suing their debtors. According to the State Judicial Administration of Ukraine, a record 100,000 lawsuits were filed by Ukrainian banks this year. This is almost 1.5 times more than in the same period last year. In total, more than half a million lawsuits against debtors have been filed by banks over the past 7 years. Universal Bank (Mono), Privat and A-Bank account for 70% of the claims.
100,434 lawsuits against debtors were filed by Ukrainian banks. This is 1.5 times more than in the same period last year and a record for the last 7 years. A total of 511,865 lawsuits have been filed by banks since 2019.
Universal Bank/Mono (28,213 claims), A-Bank (22,221), and Privat (20,278) accounted for more than 70% of all claims this year. FUIB (9 , 225) and Sense Bank (6,831) are far behind.
In general, over the past 7 years, Privatbank has remained the unchanged leader in lawsuits against debtors – 191,353 lawsuits. It is followed by Universal Bank (115,702), A-Bank (60,421), Sense Bank (25,283) and FUIB (21,476).
TASKOMBANK saw the largest increase in the number of claims this year, up 3.5 times. PrivatBank (1.8 times), Kredobank (1.7 times), Accent Bank (1.6 times), and Sens Bank (1.6 times) also saw a significant increase.
At the same time, many banks have significantly reduced the number of court appeals. Unex Bank (4 times), Credit Agricole (2 times) and Ukrgasbank (2 times) showed the biggest drop.
It is worth noting that the ranking of the most “litigious” banks has been updated this year. New players entered the top – Radabank and Bank Alliance, which were not on the list last year. Instead, Accordbank and Unex Bank dropped out of the top twenty.
https://opendatabot.ua/analytics/banks-courts-2025
The number of banks in Ukraine in October 2025 has not changed and is 60, according to the website of the National Bank of Ukraine.
According to the regulator, the number of banking groups is also unchanged – 16. 15 payment systems created by residents, including state-owned ones, and 10 international payment systems continue to operate in the payment market.
Among payment service providers there are 16 payment institutions (17 a month earlier), 12 financial institutions authorized to provide payment services, one bank – issuer of electronic money, and one postal operator. Other payment market entities include 49 commercial agents and 32 technological payment service providers.
In October, the NBU received 243 requests for registration and licensing actions, including 41 requests for banks, 131 requests for financial companies, pawnshops and lessors, 55 requests for insurers, 14 requests for credit unions and collection companies, and 2 requests for payment institutions.
At the same time, banks’ profits increased by 22% Almost UAH 120 billion was earned by Ukrainian banks in 7 months of 2024, according to the NBU. Net profit after tax amounted to UAH 93 billion. Income tax is also growing along with earnings. Thus, this year, financial institutions have already paid 1.8 times more income tax than last year. Privat accounts for 40% of the profit of all banks, and the MTB has grown the most – by as much as 13 times.
Banks in Ukraine made a total of UAH 119.44 billion in profit. This is 22% more than in the same period last year: UAH 97.53 billion.
This year, the amount of income tax increased by 1.8 times to UAH 25.83 billion. Despite the tax increase, net profit is still 13% higher than last year: UAH 93.61 billion compared to UAH 83.18 billion last year.
Alpari Bank withdrew its license of its own free will in June, so there are now 62 banks operating in Ukraine. 8 of them suffered losses.
The top 10 banks in Ukraine currently account for 86% of the total profit: UAH 80.13 billion.
State-owned banks
State-owned banks account for 63% of the total profit of all banks. Privat is a stable leader: UAH 37.16 billion of profit after tax. This is 8% more than last year.
Privat accounts for 40% of the total profit of all banks in the country. The bank’s tax expenses increased 1.5 times and amounted to UAH 12.13 billion.
In total, 5 out of 6 state-owned banks earned a total profit of UAH 58.84 billion during this period, and tax expenses amounted to UAH 14.6 billion.
Banks with foreign capital
Banks with foreign capital earned UAH 21.5 billion. This is 9% more than in the same period last year. The profit tax of banks in this group increased 1.7 times this year and reached UAH 7.26 billion. They currently account for 23% of the total profit of all banks.
Raiffeisen Bank remained the leader of this group: UAH 4.87 billion. This is 28% more than in the same period last year. Raiffeisen Bank’s tax expenses doubled to UAH 1.63 billion.
Banks with private capital
The total profit of banks with private capital increased by 29% to UAH 13.39 billion. Accordingly, taxes doubled to UAH 3.95 billion. Currently, this group of banks accounts for 14% of the total profit.
FUIB is the leader of the group with UAH 4.24 billion. At the same time, MTB Bank showed the largest increase among all banks in the country: by 13 times, up to UAH 539.8 million.
As a reminder, the Verkhovna Rada is currently considering draft law No. 11416-d, which proposes to introduce a 50% income tax for banks in 2024.
Cardholders of the international financial service NovaPay can receive salaries from any Ukrainian employer on their cards, the NovaPay press service said on Tuesday.
“You can do this in the application – create a paper or electronic application for receiving a salary on a NovaPay card and send it to the company’s accountant,” the company said in a statement.
It is noted that the application fills in the necessary fields, including information about the employer, while other personal data is automatically pulled into the application, after which it remains to form an electronic application and sign it using “Diya. Signature”.
Among the advantages of the NovaPay card, the company calls a 20% discount on Nova Poshta delivery services, transfers without restrictions up to UAH 50 thousand and the possibility of buying NovaPay bonds.
As reported, at the end of 2023, NovaPay was the first non-bank financial institution in Ukraine to receive an extended NBU license, which allowed it to open accounts and issue cards. In January-February of this year, the company increased the number of payment cards sixfold to 78 thousand, including a fivefold increase in the number of active cards to 43.8 thousand.
The total number of transfers and transactions through NovaPay in Q1 2014 increased by 18% and 24% to 96 million and 66.1 billion, respectively.
Founded in 2001, NovaPay is an international financial service that is part of the Nova group and provides online and offline financial services at Nova Poshta offices. According to its website, the company employs about 13 thousand people in more than 3.6 thousand Nova Poshta offices across Ukraine. According to the National Bank of Ukraine, the company accounts for 35% of the total volume of domestic money transfers.
In the third quarter of 2023, state-owned PrivatBank once again topped the list of banks with the highest net profit with UAH 13 billion 623.5 million, followed by two other state-owned banks: Oschadbank with UAH 7 billion 338.2 million and the nationalized Sens-Bank with UAH 3 billion 440.5 million.
According to the data published by the National Bank of Ukraine on its website, the top five banks with the highest net profit in the third quarter also include two banks with foreign capital: Raiffeisen Bank – UAH 3 billion 17.1 million and Ukrsibbank – UAH 2 billion 98.9 million.
The second five banks were state-owned: the private Ukrainian FUIB – UAH 2 billion 4.4 million, the foreign subsidiary of OTP Bank – UAH 1 billion 893.4 million, the state-owned Ukreximbank – UAH 1 billion 619.2 million, and two other banks with foreign capital: Citibank – UAH 1 billion 469.7 million and Credit Agricole Bank – UAH 1 billion 299.3 million.
Universal Bank (mono) made almost the same net profit in July-September of this year – UAH 1 billion 294.4 million, while Kredobank, which follows, made a much smaller profit of UAH 594.6 million.
Two other banks made profits of over UAH 300 million in the third quarter: A-Bank – UAH 355.2 million and Ukrgasbank – UAH 325.0 million.
Of these 14 banks, only four have completed their reserves: Sense – UAH 548.0 million, while City, Raif and Credit Agricole – from UAH 30 million to UAH 20 million, while FUIB disbanded them by UAH 1 billion 413.4 million, Mono – UAH 1 billion 136.6 million, OTP, A-Bank and Ukrgas – from UAH 555 million to UAH 510 million.
The list of 7 unprofitable banks in the third quarter was headed by First Investment Bank of the sanctioned shareholders with a loss of UAH 33.0 million, while Credit-Dnipro and Privex-Bank also suffered similar losses of UAH 29.8 million and UAH 27.5 million, respectively.
Overall, in the third quarter, the net profit of 63 solvent banks amounted to UAH 42.33 billion, with provisions released by UAH 5 billion and total assets increasing by UAH 87.25 billion.
The three most profitable state-owned banks were the leaders in terms of asset growth: Privat – UAH 36.84 billion, Oschad – UAH 18.26 billion, and Sens – UAH 11.36 billion. This allowed Sens to return to the top ten banks by assets, from which it had fallen in June before the nationalization, and immediately to 8th place.
In the third quarter, Ukrexim’s assets decreased by UAH 15.65 billion, Pivdennyi’s by UAH 6.99 billion, and Ukrgas’s by UAH 1.54 billion, and 23 banks in total showed a decline in assets.
In the third quarter, banks increased their portfolio of government bonds by UAH 23.56 billion, with City – UAH 4.61 billion and Ukrgas – UAH 4.48 billion, followed by TAScombank, FUIB and IIB – from UAH 2.5 billion to UAH 2.1 billion.
In July-September, Ukrexim reduced its investments in domestic government bonds the most – UAH 2.45 billion, Sens – UAH 1.24 billion, Privat – UAH 0.7 billion, and First Investment Bank – UAH 0.48 billion.
Overall, PrivatBank remained the most profitable bank by a wide margin in the first nine months of this year, with UAH 43.37 billion, or 39.5% of the banking system’s net profit for the period.
In January-September, Oschad received UAH 14.18 billion in net profit, Raif – UAH 6.14 billion, FUIB – UAH 5.68 billion, Ukrsibbank – UAH 5.66 billion, Sens – UAH 5.58 billion, OTP Bank – UAH 4.75 billion, City – UAH 4.23 billion, and Ukrexim – UAH 3.60 billion.
Among the 12 banks whose net profit for the first nine months exceeded UAH 2 billion were Ukrgas – UAH 2.92 billion, Universal (mono) – UAH 2.86 billion, and Credit Agricole – UAH 2.29 billion.
