“According to the results of 2024, State PrivatBank will send a record amount of dividends to the state budget – UAH 32.1 billion, which is 80% of the bank’s net profit. This was reported by the press service of the institution. This amount of payments was made possible by the steady increase in the key financial indicators of the bank, despite the difficult economic situation in the country. In the first quarter of 2025, Privatbank business results without revaluation, reserves and reserves and reserves”, – Write On: ua.news
According to the results of 2024, State PrivatBank will send a record amount of dividends to the state budget – UAH 32.1 billion, which is 80% of the bank’s net profit.
This was reported by the press service of the institution.
This amount of payments was made possible by the steady increase in the key financial indicators of the bank, despite the difficult economic situation in the country.
In the first quarter of 2025, PrivatBank business results without revaluation, reserves and taxes increased by 10% compared to the same period last year-up to UAH 20.3 billion.
The main growth driver was the results of the main activity: net interest and commission income increased by 13% to a year.
The net profit during this period amounted to UAH 16.9 billion, which confirms the bank’s leadership position in the financial market of Ukraine.
At the same time, the amount of funds in the accounts of individuals in the bank for the first quarter of 2025 increased by UAH 7.3 billion, which is equal to the increase of 1.6%.
PrivatBank’s loan portfolio also demonstrated positive dynamics, increasing by UAH 5 billion and reached UAH 117.8 billion at the end of March 2025.
According to the results of 2024, PrivatBank paid over UAH 41 billion income tax, which is one of the highest indicators among Ukrainian companies and confirms the status of the bank as the largest taxpayer in the banking sector.
In addition, some of the profits are traditionally directed to the reserve fund and to cover losses of past years, according to the government.
It should be noted that in 2025 the National Bank of Ukraine also transfers a record amount to the state budget – UAH 84.2 billion from its profit for 2024.
Thus, government financial institutions remain key budget donors, ensuring the stability of the financial system in the conditions of war with the Russian Federation.
Recall that in Israel the Tel Aviv District Court rejected PrivatBank’s appeal as to whether the country and its judicial system were approached to consider a claim that was filed against the former bank owner Igor Kolomoisky. He is accused of appropriation of the bank’s funds and their withdrawal to other countries, including Israel.
We also reported that the Cabinet of Ministers of Ukraine made a decision on the distribution of net profit of the largest state -owned banks – PrivatBank and Savings Bank – in 2024.