The rating agency "Standard-Rating" is added to the register of authorized rating agencies of NSMSC, certificate №8 from 10.04.2012
BANKS CONTINUE TO DEMONSTRATE AN UPWARD TREND OF PROFITABILITY
16-03-2020
March 16, 2020 Rating agency “Standard-Rating” (Ukraine) summed up the results of its twenty eighth «Reliability rating of banking deposits». The results of 2019 indicate that the Ukrainian banking system continued the tradition of the indicative growth. Total volume of the banks’ profit after taxation for the 2019 year amounted to UAH 59,634 bn, volume of net interest income exceeded UAH 80,295 bn, and net commission income — UAH 43,973 bn. If we compare with the indicators of 2018, the banks’ profit grew in 2,67 times, net interest income – by 9,93%, net commission income – by 16,3%. The 32 banks from the 56 ones, which participated in the rating, showed the NPL decrease (the share of bad loans), only the 4 banks showed loss and no banks from the 56 banks had a negative net interest income. The banks demonstrated an upward trend of profitability against the background of lower interest rates on loans and deposits.