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Ukrainian banks

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

Ukrainians have purchased $25 billion in domestic government bonds since start of full-scale war

Ukrainians have purchased $25 billion in domestic government bonds since start of full-scale war

by Martin Fornusek

"Thanks to the funds raised from domestic government bonds, we were able to finance more than 200 days of our security and defense, which is equivalent to 15% of Ukraine's GDP (gross domestic product) in 2023. Investments in government bonds have become the second largest source of financing for the State Budget after international aid," Finance Minister Serhii Marchenko said.

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3:15 PM

Inside Ukraine's desperate fight to stabilize Donbas front.

Amid the escalating geopolitical circus, Ukrainian soldiers fighting in between order and chaos assert that the only way to stop Russia remains on the battlefield. The Kyiv Independent spent two weeks in the Pokrovsk and Kurakhove sectors of the front line in Donetsk Oblast, speaking to infantry and artillery commanders, medics, and the civilians now coming into Russia's line of fire.
7:59 PM

Ukraine troops in Kursk Oblast must surrender, Putin claims.

Russian President Vladimir Putin said on March 14 that Ukrainian soldiers must surrender in Kursk Oblast after U.S. President Donald Trump's request to "spare" the troops he claimed are surrounded. Ukraine denied claims that the country's troops are surrounded at any part of the front.
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