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Banks’ aggregate net income rises 60% yoy in 9M08

Banks’ aggregate net income rises 60% yoy in 9M08

13 October 2008

According to the National Bank of Ukraine, the aggregate net income of domestic banks rose 60% yoy to USD 1.6 bln in 9M08. Banks’ net assets grew 52.6% yoy to USD 153.8 bln; loan portfolios expanded 51% yoy to USD 134.7 bln; deposits increased 40.6% yoy to USD 68.2 bln; and equity was up 63.8% yoy to USD 19.0 bln.

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