The top 10 banks of Ukraine accumulated 88% of the profit of the banking system

According to the results of the first half of 2026, the ten most profitable banks of Ukraine accounted for 47.68 billion UAH, or 88% of the net profit of the entire banking system, according to data published on August 19 Opendatabot data based on NBU statistics.

The total net profit of 59 Ukrainian banks amounted to UAH 54.07 billion. The top ten included three state banks, five banks with foreign capital and two banks with Ukrainian private capital.

The rating was topped by PrivatBank with UAH 24.56 billion of net profit. Second place went to Universal Bank, on the basis of which monobank operates, with UAH 3.85 billion, Raiffeisen Bank took third place with UAH 3.57 billion. Next came Oschadbank - UAH 3.38 billion, FUIB - UAH 3.12 billion, Ukreximbank - UAH 2.24 billion, OTP Bank - UAH 1.91 billion, UkrSybbank - UAH 1.85 billion, Citibank - UAH 1.68 billion and Credit Agricole Bank - UAH 1.53 billion.

At the same time, Universal Bank became one of the few leaders that significantly improved the result: its profit increased from UAH 2.41 billion in the first half of 2025 to UAH 3.85 billion in 2026. PrivatBank, Oschadbank, Raiffeisen Bank, FUIB, Ukreximbank and most of the other banks in the top ten showed a lower net result, which is largely related to the increase in the tax burden.

Thus, the Ukrainian banking market remains highly concentrated in terms of profit: almost nine out of every ten hryvnias of the net financial result of the sector were received by only ten institutions.

Primary source - research Opendatabot from August 19, 2026, calculations based on data from the National Bank of Ukraine.