NBU: Number of unprofitable banks in Ukraine rises to 19
The number of unprofitable banks in Ukraine in Q2, 2012 grew to 19, or to 11% of the total number of operating credit and financial institutions in the country, the National Bank of Ukraine (NBU) has reported on its Web site.
According to the report, in January-June 2012 the total losses of the unprofitable banks came to UAH 1.489 billion.
As reported, in the first quarter of 2012, 15 banks or 9% of their total number saw losses.
The central bank also said that in the second quarter of 2012 the consolidated net loss of the Ukrainian banking system came to Hr 172.8 million, while in the first quarter of 2012 a net profit of Hr 1.725 billion was registered.