Date: 5 months ago   Category: Financial

The NBU predicts the record profit of banks in 2018


The banking sector of Ukraine in 2018 can get profit, record for the last ten years, predict in the NBU. The Ukrainian banks following the results of 2018, most likely, will show profit, record for the last ten years. It at a press conference in Kiev on Monday, December 17, the first deputy chairman of National bank Ekaterina Rozhkova said, Interfax Ukraine reports. "Following the results of 2018 the sector will get profit and, by our preliminary estimates, this profit can become record more than in ten years", - she told, having reminded that following the results of ten months of the current year banks got about 15 billion hryvnias of net profit. According to Rozhkova, the corresponding result is caused as growth of operating profit - percentage and commission, and decrease in contributions to reserves. "Interest income continues to remain the main source of bank profit against the background of significant decrease within the last several years of cost of the raised funds, cleaning of unproductive assets and also crediting activization", - the first deputy head of the National Bank of Ukraine told. Growth of commission income, according to her, is connected by activization of consumer crediting and development of bank technologies. In turn the director of the department of financial stability of the NBU Vitaly Vavrishchuk noted that banks of which more than 40% of assets of the sector are the share work with a return indicator on the capital more than 30% now. "It never was in the history of the Ukrainian banking sector", - he emphasized. Moreover, the NBU predicts that profitability of the banking sector will continue to grow also next year, first of all, due to completion of work on cleaning of balances and reduction of contributions to reserves. Earlier it became known what banks of Ukraine were the most profitable and what most unprofitable within January - October, 2018. Let's remind, the National Bank of Ukraine plans to begin preparation for sale of Privatbank not earlier than in 2020. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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