Ukraine’s Banks Aggregate Net Income Up 70% yoy in 4M08
13 May 2008
Ukrainian banks boosted their aggregate net incomes 70% yoy (+53% in 1Q08) to USD 772.3 mln in 4M08, according to the National Bank of Ukraine. Banks aggregate net profits increased 25% mom to USD 198.0 mln in April. Total banking revenues rose 73% yoy to USD 6.1 bln in 4M08, while expenses grew by 74% yoy to USD 5.4 bln.
