According to the National Bank of Ukraine, the country’s solvent banks made a combined Hr 58.4 billion in net profits from January through October, compared to Hr 39.8 billion in the same period last year.
The banks’ total revenues for the first 10 months of 2021 increased by 4% to Hr 217.8 billion compared to the same period last year. Their expenses fell by 6% to Hr 159.4 billion.
In October alone, banks earned Hr 6.9 billion in net profit. In October of last year, total earnings amounted to Hr 2.2 billion.
Asami Terajima is a reporter at the Kyiv Independent covering Ukrainian military issues, front-line developments, and politics. She is the co-author of the weekly War Notes newsletter. She previously worked as a business reporter for the Kyiv Post focusing on international trade, infrastructure, investment, and energy. Originally from Japan, Terajima moved to Ukraine during childhood and completed her bachelor’s degree in Business Administration in the U.S. She is the winner of the Thomson Reuters Foundation's Kurt Schork Award in International Journalism 2023 (Local Reporter category) and the George Weidenfeld Prize, awarded as part of Germany's Axel Springer Prize 2023. She was also featured in the Media Development Foundation’s “25 under 25: Young and Bold” 2023 list of emerging media makers in Ukraine.
The attack seriously damaged the mooring point two (SMP-2), prompting port authorities to halt all loading operations and order tankers out of the water area.
The operation targeted ships that, according to the source, could have transported nearly $70 million worth of oil and helped Moscow bypass international sanctions.
A Russian military victory in Ukraine would cost Europe twice as much as a Ukrainian victory, according to a new study by Corisk and the Norwegian Institute of International Affairs published on Nov. 25.
Orban reiterated his readiness to hold the peace talks on Ukraine in Hungary, even as plans for a summit in Budapest between Putin and Trump have been scrapped.
Vasyl Verameichyk, a Belarusian soldier who previously served as a volunteer fighter for Ukraine, was sentenced to 13 years in prison in Belarus, independent outlet Belsat reported on Nov. 28.
Andriy Yermak, head of the President's Office, submitted his resignation following searches by the National Anti-Corruption Bureau (NABU) at his premises earlier on Nov. 28, President Volodymyr Zelensky announced.
As Russia bombards Ukraine with Shahed drones almost every night, the 12th Army Aviation Brigade takes to the skies in decades-old helicopters to intercept them. The Kyiv Independent’s Kollen Post joined the pilots to understand how they fly, maneuver, and shoot down drones in darkness — and what keeps them going.
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