The Most Profitable and Unprofitable Banks in Ukraine

The National Bank of Ukraine has published indicators of financial activity of Ukrainian banks in the first quarter of 2021.

Kyiv. Ukraine. Ukraine Gate – May 11, 2021 – Reports

According to a report published by the NBU, the most profitable Ukrainian banks were PrivatBank , Raiffeisen Bank Aval and FUIB, NV reports.

TOP-10 most profitable banks of Ukraine in January-March:

PrivatBank (UAH 2.38 billion);

Raiffeisen Bank Aval (UAH 1.09 billion);

FUIB (UAH 1 billion);

Alfa-Bank (UAH 977.9 million);

Universal Bank (UAH 867.4 million);

OTP Bank (UAH 639.3 million);

Sberbank (UAH 454.7 million);

Citibank (UAH 376.8 million);

Credit Agricole Bank (UAH 339.6 million).

Ukreximbank (UAH 324.9 million).

As of April 1, out of 73 solvent banks, 66 banks were profitable – only 7 banks suffered losses totaling UAH 0.1 billion:

Pravex Bank (UAH -56 million);

BTA Bank (UAH -11.6 million);

Ukrainian Bank for Reconstruction and Development (UAH -9.6 million);

Agroprosperis Bank (UAH -6.9 million);

Alpari Bank (UAH -5.8 million);

UNEX Bank (UAH -3.1 million);

Settlement center (-0.8 million UAH).

We will remind, earlier the National Bank reported that in January-March 2021 the Ukrainian banks received 10,9 billion UAH of net profit that is 32% less, than for the similar period of last year when the banking sector earned more than 16 billion UAH.

Source: Ukrgate