Banks of Ukraine came to the marked profit of the NBU

Solvent banks of Ukraine in January-April of 2017 received 9,418 billion UAH of net profit against 11,536 billion loss in the same period of the previous year. About it reports a press-service of the National Bank of Ukraine (NBU).

Thus, the operating income of banks increased by 9.8 percent to 63.02 billion UAH, while expenditures decreased by 27.6 per cent to 53.6 billion.

“Revenue growth was due to the result of trading transactions and commissions, while lowering costs by reducing contributions to reserves, interest and other operating expenses”, – said the NBU.

As reported in the first quarter of this year net profit of banking system amounted to UAH 4.1 bn (based on 90 working banks obtained a net loss of 1.3 billion UAH, and profit — UAH 5.4 billion). The population began to actively carry money in financial institutions for safekeeping, Deposit rates have decreased, banks have more money and they were generous to offer loans, especially able to bring a jar of quick and high profits.