PrivatBank Reports Record Financial Results for 2023
Ukrainian «PrivatBank» has confirmed its record financial results for the year 2023. In total, the bank reported a profit of 72.8 billion hryvnias, including taxes. Therefore, over the past year, the lender transferred 57 billion hryvnias to the budget in the form of income tax and dividends.
The bank also announced that from 2018 to 2023, it has paid over 180 billion hryvnias to the budget in the form of dividends and taxes. These results demonstrate the stability and successful financial policy of the bank, which contributes to supporting the Ukrainian economy. Additionally, the net credit portfolio of the bank’s business clients has doubled since the beginning of the year, indicating its growth and development.
European Bank for Reconstruction and Development Supports PrivatBank
Recently, the European Bank for Reconstruction and Development provided «PrivatBank» with a credit line of 25 million dollars to ensure uninterrupted trade with Ukraine.