Expenses, lost income of banks from operational risk over past six months amount to UAH 13 bln – NBU

KYIV. Dec 27 (Interfax-Ukraine) – The volume of expenses and lost income of banks from operational risk over the past six months has doubled compared to March-May, to UAH 13 billion, according to a financial stability report published by the National Bank of Ukraine (NBU) on Tuesday.

According to it, since the beginning of May, financial institutions have begun to actively write off lost property, and the losses of banks from the destruction of real estate have grown to more than UAH 750 million.

The highest level of loss for banks are events related to lost income and termination of their work, additional expenses for personnel and maintenance of activities, as well as fraud.

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