The Cost of PrivatBank: What We Know About the State of Affairs of the Country’s Largest Bank
The activities of any bank, even of such a giant as PrivatBank, boil down to a single function – redistribution of funds from those who have them in excess (depositors) to those who need them (borrowers). The interest rate on the issued loans coupled together with other revenues (fees, etc.) should cover the bank’s expenses on deposit interest, operating expenses, and losses from non-repayment of loans. ...