(KYIV, UKRAINE) – PrivatBank reported a pre tax profit of 49.5 billion Ukrainian hryvnia for the first six months of 2026. This result is up 7.6 percent from the same period in 2025. The bank remains the top player in the country’s financial sector.
The lender paid a 50 percent profit tax rate, leading to a net profit of 24.6 billion hryvnia. At current rates, the pre tax figure equals roughly 1.22 billion US dollars or 968 million British pounds. The net profit equals about 606 million US dollars or 482 million British pounds. The tax payment more than doubled compared to the first half of 2025. In the second quarter, the bank also paid 20.36 billion hryvnia in dividends from its 2025 results, which is around 502 million US dollars or 399 million British pounds.
Customer account balances grew by 7.3 percent since the start of the year. This rise in deposits reflects continued client confidence in the state owned institution. The funding growth supports the bank’s capacity to expand business lending.
The bank’s total credit portfolio grew nearly 45 percent over 12 months. Lending to business clients almost doubled in that time. The net credit portfolio rose by 20.6 percent from the beginning of 2026 and now exceeds 188 billion hryvnia, or about 4.64 billion US dollars or 3.68 billion British pounds.
PrivatBank also directed 357.88 million hryvnia to charitable aid during the half year. That is equivalent to around 8.8 million US dollars or 7.0 million British pounds. The spending covered branch modernisation, educational programmes for children and older people, and other steps to improve accessibility and inclusion. The bank described these efforts as part of a wider mission to support communities and the national economy.
Mikael Björknert, Chairman of the Board of PrivatBank, said the bank shows that market leadership and social responsibility can progress together. He stated that the business results allow the bank to drive economic recovery through lending. At the same time, he said, the bank aims to be a reliable foundation for sustainable development.
The solid half year follows the launch of two large business financing programmes by PrivatBank, the European Bank for Reconstruction and Development, and the European Investment Fund. The schemes, co financed by the European Union under the Ukraine Facility, are worth more than 1.18 billion euros.