NBU: Income of banks in Ukraine in January 2011 grew to 11 billion USD

Revenues of Ukrainian banks in January 2011 compared with the corresponding period 2010 increased by 1,7% and amounted to 11.2 billion UAH. This is stated in the review of the NBU "Revenues and expenditures of the Ukrainian banks in January 2011." costs of banks decreased by 2.7% to $ 11.2 billion UAH. The negative financial result in the system of banks on Feb. 1, 2011 amounted to 5.2 million USD, which is significantly less than on February 1, 2010 (507.7 million USD). Recall, according to the NBU, the income of banks in Ukraine 2010 compared with 2009 decreased by 4,3% and amounted to 136.8 billion USD. The costs of banks declined by 17.4% to $ 149.9 billion USD. The negative financial result in the system of banks as of January 1, 2011 . $ 13 billion USD, nearly three times less than at January 1, 2010 (38.4 billion USD). Observe income of banks for 10 months of 2010 compared to the same period of 2009 decreased by 6 6% and amounted to 112 billion USD. The costs of banks have decreased by 14,5% and amounted to 122.6 billion USD. The negative financial result in the system banks on November 1, 2010 amounted to 10.6 billion USD (as of November 1, 2009 . the amount of damages to the system of banks amounted to 23.6 billion USD). It was reported that the amount of assets of the banking system of Ukraine on November 1, 2010 amounted to 917.6 billion USD. Recall banks' profits for the first 9 months of this year compared with the corresponding period of 2009 decreased by 7,4% and amounted to 100.3 billion USD. costs of banks have decreased by 14,7% and amounted to 110.3 billion USD. The negative financial result in the system of banks on October 1, 2010 amounted to 10 billion USD (as of October 1, 2009 the amount of damages to the system of banks amounted to 20.9 billion USD). Revenues of banks in January-August 2010 compared with the corresponding period of 2009 decreased by 7,4% and amounted to 89.3 billion USD. Revenues of banks in January-July 2010 decreased by 7,2% compared to the same period in 2009 - to 78,4 billion USD. Revenues of banks in the first half of 2010 compared with the corresponding period of 2009 decreased by 9,5% and amounted to 65.2 billion UAH. Costs of banks for the period decreased by 14.9% to $ 73.5 billion USD. In 2010, the interest expense once again come out on top in importance in the structure of expenditures (43 2%). Allocation to reserves, which occupy the bulk of expenditures during the crisis period, as at 1 July 2010 amounted to 31,8%. The negative financial result in the system of banks on July 1, 2010 amounted to 8.3 billion USD . Based on materials of RBC-Ukraine