Ukrainian banks demonstrated positive results in 2012. Profits of the banking system made up UAH 5 billion, whereas in 2011 it received UAH 7.7 billion of losses, Ukrinform reports.

The National Bank Governor Ihor Sorkin has said about this at a working meeting of the NBU leaders with representatives of the International Monetary Fund's European Department, the press service of the state regulator informs.

“2012 was very difficult for the national banking system, but positive in total,” Sorkin said.
According to him, in particular, total assets of banks grew by 5% over the year, capital - by 2%. Crediting of the economy (legal persons) grew by 5%.

Total obligations of banks grew by almost 7%, in particular, private persons' funds increased by 19%, and those of economic entities - by 9%.

The situation improved with troubled loans (doubtful and bad loans), whose volume reduced by almost UAH 15 billion over 11 months of 2012.

Sorkin noted that the National Bank will further make maximum efforts for preservation of positive trends in the banking sector.



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