Ukraine: state banks profit in H1 2019

Profits of Ukraine’s state-owned banks in January-June amounted to UAH 19.5 billion ($775.04 million), which was 65% of the profit of the entire banking sector. The Ministry of Finance of Ukraine said, at the same time, almost 60% of all profits in terms of assets were generated by Ukraine’s largest PrivatBank (UAH 18.3 billion, or…

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Ukraine: profitability of enterprises up in H1 2019

The profitability of large and medium-sized Ukrainian enterprises reached UAH 218.1 billion in January-June, up by 23.4% YoY, according to the State Statistics Service of Ukraine. “In January-June the financial result (pre-tax revenues) of Ukrainian large and medium-sized enterprises came to UAH 218.1 billion in revenues (UAH 176.8 billion in January-June 2018),” reads the report.…

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