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Ukreximbank is among the top four most profitable banks in Ukraine

29/05/2024

According to RBC-Ukraine, citing supervisory statistics from the National Bank of Ukraine (NBU) (https://bank.gov.ua/ua/statistic/supervision-statist#1), Ukrainian banks reported a net profit of UAH 40.5 billion for the first quarter of 2024. This represents an 18% increase compared to the same period last year.

In 2023, Ukraine's banking sector achieved a record net profit of UAH 83.2 billion. This is almost four times more than in 2022 and 8% more than in 2021.

Following the implementation of new legislation, banks contributed UAH 76.64 billion in taxes to the state budget, a tenfold increase compared to the previous year.

Ukreximbank is among the four most profitable banks in Ukraine.

In the first quarter of 2024, Ukreximbank earned UAH 2.474 billion for the state.

In 2023, Ukreximbank's financial result, according to preliminary data by the annual audit, reached a record UAH 5.7 billion — the highest in the bank's history. According to the "Opendatabot" service (https://opendatabot.ua/analytics/banks-2023), Ukreximbank is among the TOP-10 most profitable banks.

For 2023, the Bank paid UAH 1.629 billion in profit tax to the state budget. 

As of April 1, 2024, Ukreximbank is*:

  • no. 1 in the banking market by the volume of corporate loan portfolio (UAH 76.9 billion);
  • no. 1 by the volume of corporate clients funds (UAH 152 billion);
  • leader in administrating funds from IFIs (UAH 9.75 billion);
  • no. 1 by the volume of financing Ukrainian companies (14.4%).

*According to the NBU's supervisory statistics and the Bank's management accounting systems.