|PrivatBank sends 75% of 2019 profits to government|
Journal Staff Report
State-controlled PrivatBank paid 75% of profit for 2019, or UAH 24.457 billion, to the state budget, the bank's press service said. According to the report, over the past two years, PrivatBank has paid UAH 36 billion to the state budget. As reported, at the end of April, the Cabinet of Ministers approved the norm for paying part of profits to the state budget for PrivatBank at the level of 75%, and on May 20 the bank's profit distribution for 2019 (UAH 32.6 billion).