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Ukrainian Banks Continue Stellar Growth in 1H07

Ukrainian Banks Continue Stellar Growth in 1H07

11 July 2008

According to the National Bank of Ukraine, Ukrainian banks increased their net assets 29.5% YTD to USD 87.2 bln. Loan portfolios grew 31.2% to USD 16.7 bln, driven mostly by 36.7% growth in retail loan growth, while corporate loans increased 25.5%. The total net income of the banking system grew 1.7 times to USD 0.6 bln.

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