Number of Active Banks in Ukraine in Q1 of 2024

According to the head of the committee on tax, customs, and financial policy, Danila Getmantsev, in the first quarter of 2024, the number of active banks in Ukraine remained stable. However, the bank «Alpari», which is currently operating at a loss, may exit the market. Getmantsev stated that at the end of 2023, the bank’s shareholders applied for liquidation, but the license has not been revoked yet. Additionally, «Ukrposhta» was considering acquiring this bank to establish its own financial institution. Currently, there are 63 banks operating in the market, with 6 being state-owned, 14 foreign banking groups, and 43 private capital banks.