Ukrainian solvent banks’ net profit grew 5-fold YoY in January, to UAH 1.69 billion ($63 million).
The banks’ revenue in the first month of 2018 totaled UAH 14.599 billion ($544.5 million), while expenses stood at UAH 12.908 billion ($481.5 million), according to the National Bank of Ukraine (NBU).
Interest income accounted for 77.4%, the largest share in the structure of banks’ revenue, while that of interest expense in the structure of expenditures was 44.1%. (UNIAN/Business World Magazine)