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State-controlled PrivatBank topped the rating of the most profitable Ukrainian banks in January-March 2021. It has declared Hr 2.129 billion of net profit, while the most significant loss was recorded by Pravex Bank – Hr 35.966 million.
According to the National Bank of Ukraine (NBU), the second position in the list of the most profitable banks was taken by Raiffeisen Bank Aval (Hr 1.473 billion), the third – by FUIB (Hr 1.18 billion). According to results of the first quarter of 2021, Alfa-Bank is in the fourth position (Hr 1.052 billion), Universal Bank ranked fifth (Hr 1 billion).
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Bankers expect seasonal strengthening of hryvnia exchange rate in Q2, 2021 2 min read
The hryvnia exchange rate, after weakening at the end of March, will strengthen in the second quarter due to increased sales of foreign currency by farmers before the start of field work, the majority of bankers polled by Interfax-Ukraine are inclined to this opinion. In the near future, the hryvnia will receive support from the sale of foreign currency by farmers for the spring field work, which is likely to lead to a slight strengthening of the national currency, head of the analytical department of Alfa-Bank Oleksiy Blinov said.