The National Bank promulgated the consolidated bank reporting, according to which, in January-February 2017, the profit the banking system was not UAH 5.09 bln, but UAH 4.1 bln, Financial Club reports.
Ten days ago, NBU stated that “the public banks received more than half of a net profit of the whole system – UAH 3.01 bln”. However, the data, published on May 15, state that the profit of public banks was UAH 1.61 bln.
PrivatBank, the profit of which was UAH 1.11 bln, but not UAH 2.5 bln, on which NBU previously reported, provoked the reduction of the consolidated profit index of public banks by UAH 1.4 bln.
Not only public banks received profit (UAH 1.608 bln in total), but also the banks of foreign banking groups (UAH 1.828 bln) as well as foreign private banks (UAH 665.4 mln).
Raiffeisen Bank Aval (UAH 1.449 bln) earned the largest profit (UAH 1.449 bln), while VTB incurred the largest losses (UAH 351.7).
The losses of insolvent banks was UAH 3.6 billion.
