PrivatBank made a billion dollars

ПриватБанк заработал миллиард долларов

Peter Krumhansl

The IMF in the first eight months amounted to 25.8 billion hryvnia, while for the previous year – 15.2 billion

For the first eight months of 2019, the net profit of PrivatBank amounted to 25.8 billion UAH (more than a billion dollars at the exchange rate of the NBU – ed.). On Thursday, September 12, Chairman of the Board Peter Krumhansl, writes Interfax-Ukraine.

According to him, net fee and Commission income of the Bank for eight months amounts to UAH 11.6 bn, and its share in the Bank’s income – 45,1%.

Compared to the same period last year, the IMF has nearly tripled.

Note, for 2018 the IMF amounted to 15.2 billion, while a year earlier the Bank has received 23 billion UAH of loss.

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