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PrivatBank leads Ukraine's banking sector with record earnings in 2024

PrivatBank leads the ranking of Ukraine's best banks, earning UAH 110.51 billion and maintaining its top position for the third consecutive year. Oschadbank and Raiffeisen follow in second and third places, respectively, while Universal Bank and PUMB round out the top five. State-owned banks showed significant income growth, with Oschadbank's income increasing 1.6 times, while Sens Bank faced declines.

banks sign memorandum to enhance financial monitoring and transaction limits

PrivatBank, Oschadbank, Mono, and Raiffeisen Bank have signed a memorandum to enhance financial monitoring, accounting for 64.5% of population funds in banks and 87.5% of active payment cards. Starting February 1, 2025, monthly transaction limits will be set for high-risk clients at UAH 50,000, while medium and low-risk clients will have limits of UAH 150,000, reducing to UAH 100,000 from June 1. The agreement also includes measures for better banking information exchange and increased control over clients without confirmed income.
18:41 10.12.2024
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