Teller Report

The banking system of Ukraine for the first time in five years has become profitable

1/17/2019, 4:34:00 PM

The banking system of Ukraine in 2018 made a profit for the first time in five years, said the head of the National Bank, Yakov Smoliy, speaking at the Verkhovna Rada.


According to him, currently 77 banks are operating in the country.

“The banking system is not only stable, transparent and capitalized, but also profitable for the first time in five years,” Smolia quoted UNIAN.

Earlier it was reported that the Ukrainian banking sector in January - November increased profits 11 times.

Also, the NBU said that international reserves have grown to a five-year high.