In July-September, the Ukrainian banking sector profitability exceeded the pre-crisis level of 2019 and amounted to UAH 21.3 billion, the Banking Sector Review published on the website of the National Bank of Ukraine said. “The banking sector in Q3 posted profits of UAH 21.3 billion, 1.5 times the level of Q3 2020. In the first…
Under the government’s program “Affordable Loans at 5-7-9%” banks have issued loans worth more than UAH 70 billion to almost 25,000 businesses. Prime Minister Denys Shmyhal wrote about this on his Facebook page. “The 5-7-9% program gathers momentum. Finally, I’d like to note that as part of the 5-7-9% program initiated by the President of…
In July-September, the Ukrainian banking sector significantly accelerated growth in lending on a year-on-year basis, most notably in the corporate and mortgage segments. This is said in the Banking Sector Review published on the website of the National Bank of Ukraine. In Q3, net hryvnia loan portfolios in the corporate sector grew by 13.1%. In…
As of November 11, farms of Kharkiv region harvested more than 200,000 tons of sugar beets. According to the Department of agri-industrial development of Kharkiv Regional State Administration, 212.4 thousand tons of sugar beets were harvested. The average yield was 370.5 hundredweights per ha (in 2020 – 383.1 hundredweights/ha). (Ukrsugar/Business World Magazine)
Consumer inflation in October slowed down to 10.9% YoY, while remaining above the National Bank’s forecast. That’s according to the NBU’s October inflation report released by the regulator’s press service. “Actual consumer inflation has slowed as expected, while standing slightly higher than the forecast published in the Inflation Report for October. This is primarily due…
JSC Ukreximbank generated UAH 2.05 billion in profit in January-October, the bank’s press service said. “In January-October, the total profit of the state-owned Ukreximbank amounted to UAH 2.052 billion according to IFRS,” reads the report. According to the acting Chairman of the Board of Ukreximbank Serhiy Yermakov, in the structure of net operating income in…
In January-September, the average monthly salary in the Ukrainian agricultural sector grew by 18% YoY, according to the Ministry of Agrarian Policy and Food. According to the data provided by the State Statistics Service, the average monthly salary in the agricultural sector amounted to UAH 11,823 (per a full time employee) in September, up by…