In the first quarter of 2026, PrivatBank confirmed and strengthened its leadership in the financial market of Ukraine, demonstrating high efficiency and operational resilience amidst war. The bank ensured uninterrupted service operation, developed payment infrastructure, and supported stable business activity of clients across the country.
The financial results for Q1 attest to PrivatBank's key role in the banking system. Profit before tax for January–March 2026 amounted to UAH 25.9 billion, which is 17% more than the corresponding period in 2025. Net profit for the reporting period reached UAH 12.8 billion.
PrivatBank remains the largest taxpayer among Ukrainian banks. In the first quarter of 2026 the bank paid UAH 44.1 billion in taxes, of which UAH 42.1 billion - corporate income tax for Q4 2025. Overall, PrivatBank's corporate income tax payment for 2025 totaled UAH 58.2 billion transferred to the budget, making it one of the most substantial contributors to the economic stability of the state during the full-scale war.
The bank achieved these results thanks to unwavering client trust and the expansion into new business lines. The volume of client funds as of the end of first quarter of 2026 increased by 19% compared to Q1 2025. The number of active clients in Privat24 app grew by 2%, and the number of active business clients - by 4% compared to the same period last year, confirming the bank’s leadership position despite intensified competition. Credit activity also remained high: the net loan portfolio in Q1 2026 increased by 44% year-on-year, and by 8.8% since the beginning of 2026, reaching UAH 170 billion. The main areas of financing remained energy, the defense-industrial complex, manufacturing, the agricultural sector, and logistics.
The bank simultaneously developed complex financial instruments: project finance, factoring, and trade finance, opening new opportunities for clients.
Several of the bank’s products and services, especially its digital solutions, were deemed the best: PrivatBank secured six FinAwards, with recognition for "Konverty" and the "Pryvit" loyalty program.
"Despite the ongoing challenges faced by the bank, and the country’s economy overall, PrivatBank continues to demonstrate high operational resilience and strengthen its leadership in the financial market. We are proud to be the largest taxpayer in the banking sector and a key financial partner of the state, ensuring stability and supporting business activity in strategic sectors, from energy to the defense-industrial complex," – comments Larysa Chernyshova, Deputy Chairman of the Bank's Management Board for Finance.
In the most challenging winter months at the beginning of the year, amid energy attacks and blackouts, PrivatBank demonstrated robust operational resilience and served as a crucial place for many. Within the framework of the POWERBANKING initiative, hundreds of branches across the country operated as Invincibility Points ("Punkty Nezlamnosti"). On weekdays or weekends Ukrainians could access financial services, warm up, recharge electronic devices, and feel supported.
In the first quarter of 2026, the bank updated its own Barrier-Free (Inclusive) Strategy, enhanced the inclusiveness of its services, and created the Inclusive Service Department and a special hotline for veterans, military personnel, and people with disabilities. Bolstering its charitable activity, PrivatBank allocated more than UAH 130 million to support initiatives across education, medicine, and strengthening the country's defense capabilities.
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