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For ten months, the revenue of the banking system amounted to 3.8 billion UAH, chairman of the Ukrgasbank Board Serhiy Mamedov said during a round table "Ukraine’s banking system 2013", ForUm correspondent reports.
According to him, a negative financial result amounted to 7.7 billion UAH in 2011 and 13.1 billion UAH in 2010.
Mamedov noted that reduce in costs of provisioning for substandard assets has become one of the key factors of the banks for profit earning. According to the banker, if it was 30.8% of the costs in 2010 and 24.3% in 2011, then it was 17.4% in January-October of 2012.
The structure of banks' incomes has a trend of gradual increase in the share of commission revenues under the decrease in interest incomes.
The financial expert added that in 2010-2012 domestic banks increased the level of capitalization.