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Why are Ukrainian banks so profitable during war?

Why are Ukrainian banks so profitable during war?

by Dominic Culverwell

Ukraine’s banks are flush with cash. An influx of foreign aid, high interest rates on government bonds, pay rises for soldiers, and central bank policies after the start of the full-scale invasion boosted the sector's profits to 40.5 billion hryvnia ($1 billion) in the first three months of

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