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Poroshenko defends his bank after profits widen 190% in Q1
Journal Staff Report

KIEV, May 15 President Petro Poroshenko on Sunday defended his bank for making handsome profits this year, suggesting it was due to a change in regulation. He said the figures were checked by the National Bank of Ukraine.

International Investment Bank (IIB), in which Poroshenko owns 60% stake, expanded profits 190% on the year to 26.8 million hryvnias in Q1 from 8.99 million hryvnias in Q1, 2016.




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Currencies (in hryvnias)
  22.05.2018 prev
USD 26.08 26.15
RUR 0.417 0.422
EUR 30.67 30.80

Stock Market
  21.05.2018 prev
PFTS 474.5 471.4
source: PFTS

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