Monday, June 27, 2011

Losses of the Ukrainian banks have increased over the first four months of the year to 465 million USD

Loss of the banking system as at 1 May 2011 is 465 million UAH. Told a press conference, said President of the Association of Ukrainian Banks Oleksandr Sugonyako. "We did not expect such a situation, it was planned that it will be a little better," - said Sugonyako. He also noted that loans to the economy rose to 28 billion USD, ie by 5 5%. Investment securities increased by 122%. However, according to him, arrears rose to 86.5 billion USD. In addition, the reserves for active operations increased by 10%, and loans - 7% . Sugonyako also added that the observed increase of the population, among which the funds of economic entities increased by 121%, and individuals' funds - 106%. It should be noted, members of the AUB yavlyayutsya 151 Bank of Ukraine. As reported net loss for January-March 2011 received 32 Ukrainian banks, or 18.2% of the total number of financial institutions operating in the country by early April. Caldirovanny net loss of the banking system in the first quarter amounted to 210.766 million UAH that is 21 times smaller than the corresponding period last year ( 4.423 billion USD), according to the National Bank of Ukraine (NBU). It was reported that in 2010, worked at a loss in 1935 of Ukrainian banks, or 20% of the total: in January-March 2011 the number of operating banks increased by one financial institution, up to 176 . According to the National Bank's overall net loss of unprofitable banks in the country in the first quarter amounted to 2.077 billion USD, including 516.901 million USD (24.89% of total) - the group's largest financial institutions. Total net on net profit of 17 largest banks (66,5% of the total assets of banks by early April) in January-March amounted to 544.342 million UAH. Source: NEWSru.ua

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