In January-March, the volume of issued mortgage loans in Ukraine increased more than twofold YoY and amounted to UAH 1.4 billion. This is evidenced by the findings of a survey of banks conducted by the National Bank of Ukraine (NBU), the central bank’s press service reports. “In total, banks issued 1,811 loans worth almost UAH…
The National Bank of Ukraine (NBU) has approved the methodology for bank stress testing in 2021, the central bank’s press service reports. The NBU reminded that stress testing was one of the stages of the banks’ resilience assessment. “This year 30 institutions are to be stress tested. They account for 93% of the banking system…
In April, the general fund of the state budget received UAH 94.1 billion, which was 96.9% (-UAH 3 billion) of the target for this period, the press service of the Finance Ministry reported referring to data provided by the State Treasury Service. The ministry explained that the non-fulfillment of the April target was primarily due…
If you are looking to save some money this year, you are on the right path. Nobody really knows what’s going to happen with the pandemic, so you may as well secure your future on your own. By saving more money, you can allow yourself to not worry about how you are going to live…
In April, slightly more than 10,000 new passenger cars were registered in Ukraine, up almost 3-fold YoY, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom). According to the association, compared to March, demand for new cars grew by 11%. In April, Toyota cars had the largest demand, with 1,618 cars registered, almost four times…
The First Ukrainian International Bank (FUIB) received UAH 1 billion in net profit in the first quarter of 2021, up by 23% YoY. The bank’s operating income in Q1 amounted to UAH 2,412.6 million against UAH 2,041.2 million in 2020. FUIB’s net interest income rose by 21%, to UAH 2,029.1 million. FUIB’s net commission income…
Banks received UAH 10.9 billion in net profit in January-March, down by 32% YoY, when the banking sector earned more than UAH 16 billion, the press service of the National Bank of Ukraine (NBU) reported. “The main factor holding back the growth of the sector’s profitability in the first quarter was changes in the fair…