Ukrainian banks have reduced the loss of almost 100 times

January 2011, Ukrainian banks ended up with a net loss of 5.2 mln. This was reported on the official site NBU. "The negative financial result in the system of banks on Feb. 1, 2011 amounted to 5.2 mln. That it is much less than that of 01.02.2010 (507.7 mln.)", - Said in a statement. Banks' profits in comparison with the corresponding period in 2010 increased by 1,7% and amounted to 11,2 billion UAH. Costs of banks decreased by 2.7% to $ 11.2 bln. Thus, compared with January 2010, a net loss of Ukrainian banks has decreased to 97.8 times (507.7 million UAH. In January 2010 against 5.2 mln. In the last month). However, according to the regulator in December 2010 with a net loss of Ukrainian banking system amounted to 3.59 bln. That 692 times more than the January results. According to "Delo", the overall results of 2010 net loss of banks in Ukraine amounted to 13.03 bln. (Average - 1.085 bln. Per month). Banks' profits last year reached 136.85 billion USD., Expenses - 149.87 bln. Compared with the 2009-m banks' profits last year declined by 4.3%, expenditures - by 17,4%. In particular, interest income of banks amounted to 113.3 bln., Commission revenues - 15.3 billion UAH., Other operating income - 5,3 billion UAH. Interest expenses amounted to 61.4 bln., Commission expenses - 2,7 billion UAH., General administrative expenses - 29.1 billion UAH., Allocations to reserves - 46.2 billion UAH. Materials: The Case »