State PrivatBank has completed 2024 with a record profit before taxation of UAH 81 billion. According to the bank press service, net profit is UAH 40.1 billion, which is 6% more than in 2023.
It is important that the amount of income tax that the bank transfer to the state budget will reach UAH 40.9 billion - it is also a record indicator.
Among the key achievements of the bank:
🔹 The growth of a net credit portfolio by UAH 20.7 billion, which exceeded UAH 112 billion.
🔹 Increasing customer deposits by more than 10%.
🔹 operating expenses increased by 8%, which is below annual inflation.
PrivatBank emphasizes that record financial results were made possible by stable interest and commission income, which confirms the efficiency of the bank's business model.
