PrivatBank has secured the top position as the most profitable bank in Central and Eastern Europe for its asset profitability (ROA) in the prestigious annual ranking of the Top 1000 World Banks 2024 by The Banker, a leading global financial publication.

According to The Banker's official press release , PrivatBank, Ukraine's largest state-owned bank, tops the list of the banks in the region in terms of asset profitability, having achieved an impressive 5.57% for the year 2023. This achievement features the bank's exceptional efficiency in the market, driven by increased interest income, growth in fee-based revenues, and cost optimisation efforts

According to PrivatBank's publiс Annual Report , the bank reported a record pre-tax profit of UAH 72.8 billion in 2023, more than doubling its 2022 performance. The bank also contributed 80% of 2023 net result to the state as dividends. Income tax for 2023 was 50%.

According to The Banker, global banks collectively reported a pre-tax profit of USD 1.53 trillion in 2023, marking a 14% increase from the previous year on average.