Solvent banks’ assets in Ukraine in October shrank by 0.5%, or by UAH 6.759 billion ($240 million), to UAH 1.348 trillion ($48 billion). Their assets have grown by 1.1%, or by UAH 14.151 billion ($503.4 million) since the beginning of the year, according to the National Bank of Ukraine (NBU).
The banks’ liabilities decreased by 0.9% in October, yet they demonstrated a growth of 2.3% over the 10 months of the year, to UAH 1.2 trillion ($42.7 billion).
Their capital was 7.9% down over 10 months, to UAH 148.4 billion ($5.3 billion). But in October the banks posted a 2.9% rise in capital. The number of solvent licensed banks in Ukraine decreased by two financial institutions in October and by three since the beginning of the year, to 79 banks as of November 1. (UNIAN/Business World Magazine)