The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 410 million, the fund’s press service reported. “Last week (May 18-22) the assets of eight banks, which were in the management of the Fund, were sold for a total sum of UAH 410.01 million,” reads the report. In particular, UAH 205.20 million was…
Net profit of 15 commercial banks of Georgia amounted to 80.29 million lari ($25.1 million) in April, up by 16.10 million lari ($5.04 million) YoY, the National Bank of Georgia (NBG) reported. Revenues received by commercial banks from fines / penalties amounted to 308,000 lari ($96,515); the net profit / loss from conversion operations, i.e.…
The Cabinet of Ministers has approved the annual report of JSC CB PrivatBank for 2019, according to Prime Minister Denys Shmyhal. “We have approved the annual report of PrivatBank for 2019: 75% of net profit totaling UAH 24.4 billion. Another 5% of the bank’s net profit totaling UAH 1.6 billion will be sent to the…
The net profit of JSC Oschadbank reached UAH 3.3 billion in January-April, the bank’s press service reported. “In the conditions of severe business restrictions related to the coronavirus pandemic, Oschadbank continues to ensure stable and profitable operations, which is confirmed by the results and key indicators for the first four months of 2020. The net…
The Deposit Guarantee Fund of Ukraine has completed the liquidation of PJSC Ukrbusinessbank, according to the Fund’s press service. “On May 8, an entry was made to the United State Register of Legal Entities, Individual Entrepreneurs and Public Organizations to register the termination PJSC Ukrbusinessbank as a legal entity, thus, the process of liquidation of…
Ukraine’s banking sector saw its profit grow by 23.8% YoY in the first quarter of 2020, to UAH 16 billion, the press service of the National Bank of Ukraine (NBU) reported. At the same time, in March alone, the banking sector received only UAH 97 million in profit due to a sharp increase in allocations…
The outflow of term hryvnia deposits and foreign currency funds of the population stopped at the end of April, the press service of the National Bank of Ukraine (NBU) reported on Facebook. “The banking sector is normal. The outflow of time hryvnia deposits and foreign currency funds at the end of April stopped. On the…