Page 46 - UKRRptDec20
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8.1.1 Earnings
The cumulative profits at the end of November remain well ahead of those at this point in 2017 and 2018, but well behind those in November 2019, which was the first year of strong growth after the 2014 revolution. By way of comparison the Russian banking sector also took a hard hit by the coronacrisis in the summer months but cumulative profits are already back to pre-corona levels, whereas Ukraine’s banking sector posted a cumulative profit of
46 UKRAINE Country Report December 2020 www.intellinews.com