Profits of Ukrainian banks increased by 12%

In 2024, the profits of Ukrainian banks increased significantly, exceeding 175 billion hryvnias for eleven months of the year, which became the highest indicator since at least 2021. According to the data of the National Bank of Ukraine and published by the company Opendatabot, the profit of banks before taxes in January-November amounted to UAH 175.6 billion. This is 12% more than in 2023 and almost 2.5 times more than in 2022, when Ukrainian financial institutions were still feeling the effects of the full-scale invasion of the Russian Federation.

Thanks to this, Ukrainian banks significantly increased their tax revenues: in just 11 months of 2024, they paid UAH 44.52 billion in income tax to the budget. This is 1.7 times more than for the same period in 2023, and significantly exceeds the total tax revenues for the same months in the previous three years.

The record income of taxes was recorded in November 2024, when banks paid UAH 7.05 billion. A significant part of this amount, about 63% (4.47 billion UAH), was provided by banks with foreign capital. This was due to an increase in the tax rate in the last quarter of 2024 from 25% to 50%.

However, despite positive trends, 18% of banks turned out to be unprofitable. According to the results of the year, 11 financial institutions recorded losses in the total amount of UAH 388 million, which indicates certain problems in certain segments of the banking system.

It should be noted that the increase in the tax rate on banks was implemented in accordance with the law signed by President Volodymyr Zelensky back in 2023. It was assumed that this would bring the country's budget an additional 24-25 billion UAH for 2023 and up to 6-7 billion UAH per year in the future. However, the increase in the tax rate is a temporary measure.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

Overpricing 590 thousand: Kozyatyn repair a veteran space at inflated prices

Kozyatyn City Council signed a contract for UAH 7.42 million ...

One participant and 163 million: the state purchased helmets from a firms with a criminal plume

The state operator of the rear of the Ministry of Defense has concluded a new contract with the company ...

Who is Olga Selykh and why her appointment Ambassador to Oman raises questions

Against the background of war, diplomatic isolation of Russia and the need for ...

In Rivne, the case of tropical malaria was recorded

Rivne confirmed the first case of the case in 2025 ...

Dasha Katsurina warmed up rumors about a break in a relationship with Dantes singer

Celebration of the birthday of 4-year-old Ivan-son Dasha Katsurina ...

In Zhytomyr region, a man was sentenced to rape a minor pad

The Zhytomyr Court of Appeal confirmed a sentence to a 41-year-old resident of Berdychiv district, ...

NABU Detective Head Pavel Ershov holds tens of thousands of dollars in cash

The head of one of the key units of the National Anti -Corruption Bureau of Paul ...

In the center of Odessa found Genoese artifacts of the fourteenth century

On the Primorsky Boulevard in Odessa, just near the famous monument ...