PrivatBank has announced strong operational and financial results for the first quarter of 2025, reinforcing its leadership role in Ukraine’s financial sector despite domestic and global challenges. The Bank continued to support customers, businesses, and national priorities, while delivering sustainable growth across all key indicators.
In Q1 2025, PrivatBank’s business result excluding revaluations, provisions, and taxes, increased by 10% year-on-year, reaching UAH 20.3 billion . Growth was driven primarily by strong performance in core business areas, with net interest and commission income rising by 13% year-on-year. Net profit amounted to UAH 16.9 billion.
Customer confidence remained strong. Funds in individual customer accounts grew by UAH 7.2 billion (+1.6%), reflecting continued trust in PrivatBank’s services and resilience amid market volatility. At the same time, the Bank actively expanded financing to the real economy. Since the beginning of 2025, the net loan portfolio increased by UAH 5 billion, reaching UAH 117,8 billion as of March 31, 2025. In the first quarter alone, the Bank issued over UAH 3 billion to the agrarian sector — a strategic area for Ukraine's development.
As a responsible taxpayer and contributor to national recovery, the Bank paid over UAH 41 billion in profit tax for 2024 — a record among Ukrainian banks. Furthermore, the sole shareholder of PrivatBank, represented by the Cabinet of Ministers of Ukraine, adopted a decision on distributing net profit and the amount of annual dividends for 2024, for which 80% of net profit, amounting to UAH 32,1 billion, will be paid to the state budget in the form of dividends in the near future.
Innovation and customer-centricity remained at the heart of PrivatBank’s development strategy. In Q1 2025, a significant update to Privat24 mobile application was launched, offering a new modern design, improved navigation, and enhanced accessibility to meet the needs of diverse customer groups.
PrivatBank continued to focus on increasing financial inclusion and improving access to services for all groups of the population. In the first quarter, the Bank expanded its barrier-free initiatives: 15 newly redesigned accessible branches opened across Ukraine. Additionally, PrivatBank donated UAH 25,1 mln to charity causes during the first three months of the year, contributing to initiatives in education, healthcare, and assistance for communities affected by the war.
“We are proud of the results achieved in the first quarter, made possible thanks to the professionalism, responsibility, and commitment of our employees,” said Mikael Bjorknert, Chairperson of PrivatBank’s Management Board. “We remain focused on supporting our customers and contributing to Ukraine’s economic resilience, guided by our values and putting customers at the core of everything we do.”
PrivatBank continues to be a key partner in the country’s economic recovery and a reliable pillar of the financial system.
