Ukraine: Net Profits of Banking Sector Almost UAH 2bn

Businessn.a. ♦ Published: August 23, 2013; 17:37 ♦ (Vindobona)

Ukrainian banking sector reports a sustained increase in the income and net profit.

Ukraine: Net Profits of Banking Sector Almost UAH 2bn / Picture: © Vindobona.org

As of 1 August 2013, the banking sector reported a net profit of almost UAH 2 billion.

Owing to a sustained increase in banks' income, which reached UAH 93 billion in the first seven months of 2013, the banking sector delivered a profitable performance. In July, banks' income hit a record of UAH 14 billion in the reporting year.

An increase in the income and net profit was…