In July 2024, the State PrivatBank reduced its net profit by 2.6% to UAH 6.25 billion in July 2024, and with this indicator it topped the top five most profitable banks in the country in July, according to the data of the National Bank of Ukraine (NBU) on its website.
According to them, Privat is followed by the state-owned Oschadbank, which in July received UAH 2.18 billion in net profit compared to UAH 0.07 billion in June.
Universal Bank (mono) rounded out the top three, increasing its profit almost eightfold compared to June – up to UAH 0.84 billion.
It is followed by two banks with foreign capital: Credit Agricole and Raiffeisen Bank with UAH 0.62 billion (+28.3% to June) and UAH 0.56 billion (+78%), respectively.
The second five most profitable banks in July were headed by Ukrsibbank, which increased its net profit by 10.1% to UAH 0.55 billion. It also included: City Bank – UAH 0.54 billion, Ukrgasbank – UAH 0.43 billion, FUIB – UAH 0.42 billion and Ukreximbank – UAH 0.38 billion.
In July 2024, three more banks received a net profit of over UAH 100 million: OTP Bank – UAH 365.3 million, Pivdenny Bank – UAH 340.7 million and Kredobank – UAH 193.5 million.
At the same time, Sense Bank with a net loss of UAH 65.67 million, Alliance Bank – UAH 17.81 million, and Pravex Bank – UAH 13.34 million formed the three most unprofitable banks in July.
The list of the most profitable banks in general for seven months of this year is also led by a large margin by Privat – UAH 37.16 billion, followed by Oschadbank – UAH 11.00 billion.
A more dense group is followed by Rife – UAH 4.87 billion, Ukrexim – UAH 4.74 billion, PUMB – UAH 4.24 billion, Credit Agricol – UAH 4.22 billion, Ukrsib – UAH 3.97 billion and Ukrgaz – 3, UAH 73 billion.
Six more banks also received a net profit of over UAH 1 billion for 7 months of this year: mono – UAH 3.19 billion, OTP – UAH 3.00 billion, City – UAH 2.73 billion, Sens – UAH 2.21 billion, Pivdenny – UAH 1.61 billion and Credo – UAH 1.16 billion.
A-Bank was a little short of this milestone – UAH 0.92 billion, while ProCredit Bank, which follows it, had a profit of UAH 0.60 billion.
As for unprofitable banks, according to the results of January-July, there are 8 of them in Ukraine out of 62. Pravex Bank has the worst indicator – UAH 95.79 billion, followed by Industrialbank – UAH 39.00 billion.
First Investment Bank and Motor Bank, which were transferred to the state from the sanctioned owners according to the results of the court, had a net loss for 7 months of UAH 25.69 million and UAH 14.69 million, respectively.
In general, for January-July 2024, the net profit of banks increased to UAH 93.62 billion, in particular, private banks – to UAH 13.39 billion. In July, it increased to UAH 14.58 billion from UAH 11.07 billion in June.
