According to the results for January-September this year, state-owned PrivatBank received UAH 50.6 billion in net profit, which is 5% or UAH 2.2 billion more than in January-September last year, according to a press release from the bank on Thursday.
“Business results without revaluations, loan risk reserves, and taxes reached UAH 62.6 billion, an increase of 15% (UAH 8.2 billion) compared to the same period in 2024,” the financial institution said.
According to the bank, it ranks first in the market in terms of profitability, generating more than 43.5% of the banking sector’s pre-tax profit. It is noted that this demonstrates the stability of the chosen business model and the growth of operational efficiency despite external challenges.
According to the release, since the beginning of the year, the bank’s net loan portfolio has grown by UAH 30 billion (+27%), reaching UAH 143 billion as of September 30, 2025. According to its data, PrivatBank ranks first in Ukraine in terms of loan portfolio volume, covering almost 15% of the market. At the same time, the market share of loans to individuals is almost 35%.
During the first nine months of 2025, funds in individual customer accounts increased by UAH 59 billion in equivalent terms (+13%), reaching UAH 505 billion, thanks to which PrivatBank, with a market share of 22.9%, is also the leader in terms of deposits from both legal entities and individuals.
“The basis for the bank’s successful financial results is stable and growing net interest (+19%) and commission (+5%) income compared to the first nine months of 2024,” the release says.
The cost-to-income ratio (CIR) is 24.07%, while the average for all banks is 41.77%.
As of October 2025, PrivatBank’s active customer base was 18.1 million individuals, which is 220,000 fewer than at the end of 2024. On the other hand, the number of business clients increased by 20,000 to 930,000 during this period, while the number of users of the Privat24 mobile app decreased by 150,000 to 13.61 million.
According to NBU statistics, as of October 1, 2025, PrivatBank had 1,096 branches, compared to 1,113 on the same date last year.
The bank’s infrastructure includes 7,100 ATMs and 10,300 self-service terminals. As of October 2025, PrivatBank had over 341,000 POS terminals.
According to the NBU, PrivatBank’s total assets reached UAH 1.001 trillion as of September 1, 2025, or 25.6% of the total assets of the Ukrainian banking system.
The loan portfolio of the international financial service NovaPay (TM NovaPay) has grown by 60% since the beginning of the year and reached UAH 1.35 billion as of early August, the company said on Wednesday.
“More than 50,000 customers have active loans, more than 85% of which are consumer loans. Our portfolio has grown by 60% since the beginning of the year,” said Bogdan Gryvko, NovaPay’s risk management director, in a press release.
The company added that customers most often choose installment plans for their loans: the portfolio for this product amounts to UAH 607 million.
In addition to installment plans, UAH 232 million in the portfolio consists of customer obligations on credit cards, the number of which has reached 30,000 since the launch in May, according to the release.
As NovaPay reminded, since last summer, the company has been lending to sole proprietors and businesses, with more than 250 customers already taking out loans worth UAH 144 million.
As reported, NovaPay issued UAH 1.7 billion in loans in 2024. In particular, the amount of loans issued last year to small and medium-sized businesses amounted to UAH 281.4 million.
Since the launch of installment services in July 2024, 97,000 loans totaling UAH 600 million were issued by the end of last year. NovaPay is an international financial service founded in 2001. It is part of the Nova group and provides online and offline financial services at Nova Poshta branches.
It was the first non-bank financial institution in Ukraine to receive an extended license from the NBU in 2023, which allowed it to open accounts and issue cards, and was also the first non-bank to launch its own financial app at the end of last year.
According to YouControl, NovaPay’s revenue in the first half of this year grew by 9.3% to UAH 4.53975 billion, while net profit fell by 42.1% to UAH 966.98 million.
Loan services are also provided by a subsidiary, NovaPay Credit, which actively raises money through bond placements. According to reports on its website, NovaPay Credit increased its net profit in the first half of this year by 52.2% compared to the first half of last year, to UAH 53.92 million, with revenue growing 2.7 times, to UAH 260.36 million.
Businessman Oleksandr Yaroslavsky’s bank Credit Dnipro managed to double its loan portfolio last year, with 80% of the growth coming from an increase in corporate loans.
“In 2024, the bank’s loan portfolio doubled, and 80% of the growth was in corporate financing, while the growth of our agricultural portfolio was 65%,” said Serhiy Panov, Chairman of the Board of the financial institution, in a blitz interview with Interfax-Ukraine.
According to the National Bank of Ukraine (NBU), the bank’s loan portfolio amounted to UAH 7.83 billion as of January 1, 2025, of which UAH 6.88 billion was to businesses.
The Chairman of the Board said that in 2024, the bank’s retail business “opened a second wind”: customers were offered a new mobile application, the development of the regional network continued, and the financial institution entered the top 5 banks in terms of lending under the eHouse state program.
“This year, we aim to increase our momentum and increase our presence in the retail sector,” Panov said.
As of January 1, 2025, according to the National Bank’s statistics, the financial institution ranked 20th in terms of total assets (UAH 24.34 billion) among 61 banks in the country. The bank’s net profit last year amounted to UAH 175 million.
Borrowings from clients in the agricultural sector account for about 40% of the loan portfolio of the state-owned Ukrgasbank (Kyiv), said Mykola Alfyorov, deputy director of the small and medium business department of the financial institution.
“In general, 40% of our loan portfolio is made up of clients from the agricultural sector. This area will always be a priority, despite all the risks, as evidenced by the statistics of all banks,” he said at the Agro Finance Summit in Kyiv on Thursday.
According to him, in 2024 Ukrgasbank increased lending to the agricultural sector in the investment direction: it accounted for 50% of all loans. In total, since the beginning of the full-scale war, the bank has issued loans for almost UAH 10 billion.
“In the first year of the war, it was a task aimed at replenishing working capital and providing it to farmers so that they could sow and harvest on time. Already in 2023, we saw a dynamic increase in the investment interest of the agricultural sector, and in 2024 it was a real growth,” said Alfiorov.
Among the most popular financial products among agrarians, he named the state program “5-7-9%” in combination with international programs.
The Deputy Director of the Department also pointed out that Ukrgasbank actively provides financing up to UAH 8 million using guarantee mechanisms from farmers, but this amount can be doubled to UAH 16 million under a portfolio guarantee or a guarantee of an international organization.
According to the National Bank of Ukraine, as of November 1, 2024, Ukrgasbank ranked 5th (UAH 136.18 billion) among 62 banks operating in the country in terms of total assets. The net profit of the financial institution for 10 months of the year amounted to UAH 4.84 billion, while for the same period in 2023 it was UAH 3.36 billion.
The loan portfolio of Ukrainian banks in August 2021 increased by 3%, to UAH 1.124 trillion, while the volume of non-performing loans (NPL) decreased by 0.7%, to UAH 393.178 billion, according to reports on the website of the National Bank of Ukraine (NBU). According to the report, the share of non-performing loans in the country’s banking system in August fell to 34.99% from 36.3% in July.
The National Bank indicated that over the month the portfolio of loans in the corporate sector increased by 2.6% – to UAH 827.583 billion (the NPL volume in it decreased by 0.2% – to UAH 344.99 billion), and the portfolio of loans to individuals increased by 2.4% – to UAH 238.463 billion (NPL decreased by 3.7% – to UAH 47.738 billion).
At the same time, the volume of interbank loans increased by 3.9% – to UAH 41.1 billion (NPL by 1.3% – to UAH 450 million), and the volume of loans issued to public authorities and local governments – by 1.5 times, to UAH 16.7 billion (NPL remained at 0%).
According to the National Bank, in August the share of NPL in the portfolio of loans provided to the corporate sector decreased by 1.2 percentage points (to 41.69%), loans to the population – by 1.3 percentage points (to 20.02%), interbank loans – by 0.03 percentage points (to 1.10%), while the share of loans to state authorities remained at the level of 0%.
The central bank’s report indicates that the loan portfolio of state-owned banks (excluding PrivatBank) in August-2021 increased by 4.7% – to UAH 303.856 billion (the NPL volume in it decreased by 0.9% – to UAH 111.195 billion). PrivatBank’s loan portfolio grew by 0.9% – to UAH 250.674 million (NPL – by 0.1%, to UAH 176.9 billion).
In addition, over the month, the loan portfolio of banks with foreign capital increased by 3.5% (to UAH 372.39 billion), with private – by 2.2% (to UAH 196.257 billion). At the same time, the volume of NPL in them decreased by 2.5% (to UAH 82.956 billion) and by 1.1% (to UAH 21.592 billion), respectively.
Thus, in August 2021, the share of NPL in the loan portfolio of state-owned banks (excluding PrivatBank) decreased by 2 p.p. (to 36.59%), and in PrivatBank – by 0.6 p.p. (to 70.57%). At the same time, the share of NPL in the loan portfolio of banks with foreign capital decreased by 1.4 percentage points (to 22.28%), with private – by 0.4 percentage points (to 11%).
The loan portfolio of Ukrainian banks in June 2021 grew by 1%, to UAH 1.091 trillion, while the volume of non-performing loans (NPL) decreased by 0.7%, to UAH 405.522 billion, according to reports on the website National Bank of Ukraine (NBU).
According to the report, the share of non-performing loans in the banking system in June fell to 37.18% from 37.85% in May.
The National Bank indicated that over the month the portfolio of loans in the corporate sector decreased by 0.7%, to UAH 809.363 billion, while the portfolio of loans to individuals increased by 2.1%, to UAH 229.139 billion.
At the same time, the volume of interbank loans increased by 1.4%, to UAH 40.93 billion, and the volume of loans issued to state and local authorities increased by 3.7%, to UAH 11.212 billion.
According to the National Bank, in June, the share of NPL in the portfolio of loans provided to the corporate sector decreased by 0.5 percentage points (to 43.66%), loans to the population – by 1 percentage point (to 22.4%), interbank loans – by 0.5 percentage points (to 1.92%), and loans to state authorities remained at the level of 0%.
The central bank’s report indicates that the loan portfolio of state-owned banks (excluding PrivatBank) in June 2021 increased by 0.2%, to UAH 292.798 billion (the NPL volume in it decreased by 0.5%, to UAH 118.09 billion), while the loan portfolio of PrivatBank grew by 0.4%, to UAH 248.7 million (NPL decreased by 0.2%, to UAH 177.4 billion).
In addition, over the month, the loan portfolio of banks with foreign capital increased by 1.5% (to UAH 361.09 billion), with private – by 2.6% (to UAH 188.06 billion), while the volume of NPL in them decreased accordingly by 0.8% (to UAH 87.55 billion) and by 1.2% (to UAH 22.509 billion).
