Public debt PrivatBank brings billions in profits

Государственный долг приносит ПриватБанку миллиарды гривен прибыли

PrivatBank will replenish the state budget a decent amount to 11.5 billion UAH, that is 90 percent of the profits received by the financial institution at the end of last year. Thus on this figure the Bank has come largely through the interest on government bonds, according to with reference to the LEAGUE.Finance.

PrivatBank will transfer to the state budget 90 percent of profit, obtained at the end of last year. In monetary terms this will amount to 11.5 billion UAH. This result is largely due to the interest that the state pays on bonds. it is about 10 billion hryvnia per year.