Ukrainian banks doubled losses

Ukrainian banks doubled losses

As of December 1, 2015, the total loss of operating Ukrainian banks (excluding insolvent banks’ loss), amounted to UAH 57.3 bln, including UAH 1 billion as of 1 November, Joinfo.ua reports with reference to the National Bank of Ukraine (NBU).

NBU estimated that in October, the loss of banks amounted to UAH 3.7 bln.

It should be noted that in November 2015, Ukrainian banks transferred to the reserve UAH 6.9 bln, which is 30% less than in the previous month (in October – UAH 9.8 bln).

NBU data showed that as of December 1, 2015, 74 banks made a profit of UAH 4.1 billion; as of November 1, 2015, 77 banks made a profit of UAH 3.2 billion.

Press service of the National Bank said that banks’ operating income for the 11 months of 2015 amounted to UAH 191.3 billion, expenditures – UAH 248.6 billion.

It should be recalled that as of December 1, 2014, loss of the banking system of Ukraine amounted to UAH 22.4 billion.

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