The total income of the ten largest banks of Ukraine in 2024 increased by 14%, reaching UAH 267.2 billion. State banks, including PrivatBank and Oschadbank, remain leaders in financial performance.
State banks provided 68% of the total income of the TO-10, raising UAH 182.15 billion. The best result was shown by PrivatBank, whose income was UAH 110.51 billion. The Board Chairman of the Bank Mikael Bjorknert emphasized that 2024 became a period of development and stability for the institution.
Savings Bank demonstrated the fastest growth among state -owned banks - its income increased 1.6 times, and the profit increased three times. Also significant growth was shown by Ukreximbank, its income increased by 40%. At the same time, the meaning of the bank recorded a fall in revenues by 14%, and the profit decreased by 24%.
Three foreign banks from the top 10 earned UAH 47.52 billion, which is 18% of total income. OTP Bank showed the best result among them - its profit increased by 11%. At the same time, Raiffeisen and UkrSibbank recorded a reduction in profits by 11% and 6%, respectively.
Private banks also demonstrated positive dynamics. Universal Bank (Mono) increased its income by 22%and PUMB by 14%. The PUBB press service noted that the bank increased by 25% by all key indicators, and retail lending increased by 65%.
The only change in the rating of the TOP-10 banks was due to the entry of the State Ukreximbank, which displaced from the list a foreign loan Agricole, which dropped to 11th place.
As a result, despite the challenges, the Ukrainian banking system has shown growth and financial sustainability. State banks continue to dominate, and private and foreign banks demonstrate confident results.
