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Ukrainian banks earned 650 million UAH in August

Ukrainian banks earned 650 million UAH in August

In August of 2012, the banking system of Ukraine earned 653 million UAH, which is by 4.4% less than in July of this year (683 million UAH), the National Bank of Ukraine reported.

"Revenues of the Ukrainian banks increased by 7.0% and amounted to 98.3 billion UAH compared to the same period in 2011. And expenses of the Ukrainian banks decreased by 1.1% and amounted to 95.4 billion UAH for this period," the statement said.

In January-August of 2012, total net income of financial institutions of the country numbered 2.9 billion UAH, while for the same period of the last year, a net loss of 4.6 billion UAH was registered.