The profits of Ukrainian banks in January-February 2023 amounted to 21.5 billion UAH, which is 2.2 times more than during the same period in 2022 (9.9 billion UAH), the press service of the National Bank of Ukraine (NBU) said on Tuesday.
The regulator noted that bank revenues for the two months increased by 33% to 65.8 billion UAH, and expenses – by 12%, to 44.3 billion UAH.
At the same time, the fee and commission income increased twofold, to 15.582 billion UAH.
The result of revaluation and purchase and sale operations increased 2.4 times up to UAH 4.649 billion against UAH 1.9 billion during the same period last year.
At the same time, deductions to the reserves decreased 2.3 times, to UAH 2.517 billion, and commission expenses went down by 11.9%, to UAH 7.5 billion.
As reported, the Ukrainian banks in 2022, net profit reduced by 3.1 times – to 24.716 billion UAH compared with 77.376 billion UAH in 2021.
