Despite the full-scale war in Ukraine, the country's banks demonstrate a significant increase in their reserves, as well as an increase in profitability. In 2022, the banking sector accumulated UAH 119 billion of reserves, which is 35 times higher than accumulated in 2021 (UAH 3.4 billion), reports the Opendatabot platform..
It is specified that in January of this year, only 10% of banks received losses.. In general, in January, Ukrainian banks received the maximum profit for all the months of the war - UAH 14.7 billion: " Then the total profit of Ukrainian financial institutions amounted to UAH 7.1 billion,"
Almost all of the 67 banks that operated in January (now Ibox and Forward banks are already closed) ended the month with a positive balance. Only 7 financial institutions received a total damage in the amount of UAH 0.3 billion.
Top 10 banks consistently earn the lion's share of the entire system's profits - 90% of all profits (UAH 13 billion).
The championship among Ukrainian banks is maintained by Privatbank with a profit of UAH 6.3 billion. This is almost 4 times more than in January 2022 (there were UAH 1.7 billion in profit).
All 4 state-owned banks were profitable in the first month of 2023 and earned UAH 9.4 billion. Their share in total profit was 64%.
Raiffeisen became the leader among banks with foreign capital with a profit of UAH 0.7 billion in January 2023. In the overall rating of banks, he rose to 3rd place. In general, banks with foreign capital earned 3.4 billion in January of this year.. UAH: , which is 23% of the profit of all banks.
" This is more than 90% of all losses of Ukrainian banks in January 2023. In early February, the NBU declared Forward bank bankrupt,"
Top banks for January 2023 looks like this:.
PrivatBank.
Sberbank.
Raiffeisen Bank.
SMYS BANK.
Ukreximbank.
OTP Bank.
UkrSibbank.
Citibank.
FUIB.
Universal Bank.