Olena Korobkova, Chair of the Board of the Independent Association of the Banks of Ukraine
Olena Korobkova, Chair of the Board of the Independent Association of the Banks of Ukraine, Media Center Ukraine
October 27, 2022, 12:37

42 banks make profit of almost UAH 24 billion since start of russia’s full-scale invasion, banking system remains stable — Independent Association of Banks of Ukraine

This year 42 Ukrainian banks have made a profit of almost UAH 24 billion, while 26 institutions have lost UAH 16 billion. In general, after the beginning of the russian invasion, 38% of Ukrainian banks became unprofitable. Olena Korobkova, Chair of the Board of the Independent Association of the Banks of Ukraine made this statement at a briefing at Media Center Ukraine.

“The state of the banking industry after 8 months of war is stable, the banking system is working. We do not see any reasons that could shake the stability of banks,” — Olena Korobkova said.

Also, according to her, the banking system of Ukraine is currently trying to help clients as much as possible.

“Our clients found themselves in a rather poor condition. Only 30% of businesses have fully resumed functioning. Therefore, it is clear that banks need to support clients, help them every day. And bring our victory closer,” — the Chair of the Board of the Independent Association of the Banks of Ukraine noted.

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