Over the first quarter of 2022, Ukraine’s monobank suffered losses in the amount of over UAH 100 million.
The financial statements for the first quarter were forwarded to the National Bank on April 13, monobank co-founder Oleh Horokhovsky wrote on Telegram.
According to the official, January was “very profitable” for the bank, February saw a small profit, while March was unprofitable for the institution.
“The overall performance in the first quarter resulted in a loss of UAH 109.6 million, including UAH -548.2 million in March loss,” said the bank’s co-founder. (Ukrinform/Business World Magazine)
