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PrivatBank received in 2017 23 billion UAH of losses

ПриватБанк получил в 2017 году 23 млрд грн убытковOther state-owned banks ended last year with a profit.

Loss of PrivatBank at the end of last year amounted to 22,966 billion. It is stated in the report of the financial institution on the website of the National Bank of Ukraine on Thursday, February 8.

According to the report, as of January 1, 2018 uncovered loss of past years PrivatBank amounted to 176,029 billion UAH, capital – 25,608 billion.

The NBU added that other state-owned banks finished the year 2017 in the black. So, Oschadbank received net profit of 558.5 million UAH, Ukrgasbank – 623,8 mln UAH, Ukreximbank – 929,4 million.

Earlier, the head of the Supervisory Board of PrivatBank Engin Akchakocha said that privatization of companies is scheduled for 2021 – a period set to five-year development strategy of the Bank.

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