Ukrainian banks suffered record losses.

For 2016, the banking system of Ukraine has received a loss of 159 billion UAH, which is a historical record. This was stated by Director of the financial stability Department of the National Bank of Ukraine (NBU) Vitaly vavrischuk.

“The banking sector showed record-high loss in 2016 – 159 billion UAH”. noted vavrischuk and explained that this loss sector is associated with a reservation of credit portfolio of PrivatBank.

The national Bank noted that in 2017, the trend must change and banks of Ukraine will be profit.

Earlier, experts reported that the nationalization of PrivatBank has also affected the size of the national debt of Ukraine.