As on 1 August 2015, the financial result of operating banks was negative and amounted to UAH 33.1 billion. This is evident from the data on the income and expenses of Ukrainian banks in January-July 2015.

This financial result of the banking system was formed primarily due to extensive loan loss provisioning, including to cover the loans to borrowers whose solvency deteriorated. Over the first seven months of 2015, operating banks allocated USD 69.1 billion to provisions.

Stabilization trends in the banking sector stem from the banking sector clean-up through withdrawal of insolvent banks from the market, stabilization of the FX market and gradual improvement in inflation dynamics. Banks also demonstrated positive dynamics of their operational activity. Thus, in July 2015, the net interest income of operating banks  increased by 22.5% to UAH 4.856 billion compared with UAH 3.964 billion in June; net commission income rose by 12.3% in July to UAH 1.847 billion against UAH 1.644 billion in June. This growth proves that banks are capable of generating income from the regular business activities and the situation is gradually coming back to normal.