Banking assets grow 0.1% m-o-m in August

The assets in Ukraine’s banking system rose 0.1% m-o-m in August to UAH 1,190.3 bln, according to preliminary data released by the National Bank of Ukraine yesterday. Assets grew by 9.2% YTD. Banks’ loan portfolio amounted to 67.9% of total assets vs. 67.3% in July, while equity declined by 1.9% m-o-m to 14.8% of total liabilities. Client funding expanded by 1.5% m-o-m to 53.9% of total income.  As of September 1, there were 176 operating banks in Ukraine.