In 2025, the National Bank of Ukraine will transfer UAH 84.2 billion from its profit for 2024 to the state budget, which is a record figure. About this reported NBU press office.
The total financial result of the National Bank for 2024 amounted to UAH 231 billion.
The main components of this result include:
- net interest income in the amount of UAH 17.6 billion;
- positive revaluation of financial instruments by almost UAH 200 billion, which arose as a result of the change in the official exchange rate and revaluation of their fair value. Of this amount, UAH 128.6 billion is an unrealized (preliminary) result from fluctuations in the official exchange rate.
The NBU’s expenses for cash production, staff maintenance, administrative and other needs in 2024 amounted to UAH 8.1 billion (in 2023 — UAH 7.0 billion).
The total profit before distribution at the end of 2024 is UAH 102.7 billion. Part of this sum — UAH 18.5 billion — will be directed to the general reserves of the National Bank in order to reach the target level of 10% of the average annual volume of monetary liabilities. The rest — UAH 84.2 billion — will go to the state budget.
“Although our goal is not to make a profit, and we focus all our efforts on fulfilling the mandate of the National Bank – ensuring price and financial stability, I am convinced that these funds will be a significant contribution to strengthening the defense capabilities of Ukraine and the ability of our state to resist the enemy. Especially considering that this is the largest amount that the NBU has ever transferred to the budget.” — noted NBU Chairman Andriy Pishnyi.
We will remind that in 2024 the National Bank transferred almost UAH 72 billion from its profit for 2023 to the budget.
