The volume of activity of Ukrainian banks in January-February 2005 grew at a higher rate compared to the corresponding period last year. This is stated in a report by the press service of the National Bank of Ukraine on the preliminary results of banks' activity, the text of which is available to "proUA". \n \nIn particular, according to NBU data, since the beginning of 2005 net assets (total assets minus formed reserves for active operations) increased by 3.8% and amount to UAH 139,400.8 million. Total assets increased by 3.7% (in the corresponding period last year - by 2.0%) and amount to UAH 146,757.6 million, including non-residents – 8.7% of total assets. Total assets in foreign currency amount to 39.4%. \n \nSince the beginning of the year, liabilities of Ukrainian banks increased by 3.7% (in the corresponding period last year – by 1.5%) and as of March 1 amounted to UAH 120,172.2 million, including non-residents – 13.3% of liabilities. Liabilities in foreign currency amount to 44.8%. \n \nThe increase in bank liabilities occurred due to an increase in household deposits – by UAH 5,902.2 million or by 14.3%, funds of business entities - by UAH 1,154.9 million or by 2.9%, funds of the budget and extrabudgetary funds by UAH 102.0 million or by 6.2%, loans received from international and other financial organizations – by UAH 191.2 million or by 11.6%, own debt securities – by UAH 104.8 million or by 16.7%, subordinated debt - by UAH 450.6 million or by 32.5% and other liabilities – by UAH 849.6 million or by 20.5%. \n \nAccording to NBU data, household deposits account for 39.2% of the total amount of bank liabilities; funds of business entities – 34.4%; interbank loans and deposits – 13.1%; NBU funds – 1.0%; funds of non-banking financial institutions – 3.1%; funds of the budget and extrabudgetary funds – 1.4%; subordinated debt – 1.5%; own debt securities – 0.6%; loans received from international and other financial organizations – 1.5%, other liabilities - 4.2%. \n \nSince the beginning of 2005, bank profit amounted to UAH 486.2 million, which is 2.1 times more than in the corresponding period of 2004 (UAH 236.5 million). \n \nCompared to the corresponding period last year, bank income increased by UAH 1,106.5 million or by 42.7% and amounted to UAH 3,695.9 million, including interest income amounting to UAH 2,502.7 million (or 67.7% of total income), commission income – UAH 700.6 million (19.0%), result from trading operations – UAH 143.6 million (3.9%), other operating income – UAH 286.6 million (7.7%), other income – UAH 61.0 million (1.7%), return of written-off assets – UAH 1.0 million, extraordinary income – UAH 0.3 million. \n \nCompared to the corresponding period last year, bank expenses increased by UAH 856.8 million or by 36.4% and amounted to UAH 3,209.7 million, including interest expenses amounting to UAH 1,418.1 million (or 44.2% of total expenses), commission expenses – UAH 66.6 million (2.1%), other operating expenses – UAH 187.1 million (5.8%), general administrative expenses – UAH 1,195.0 million (37.2%), allocations to reserves – UAH 230.4 million (7.2%), extraordinary expenses – UAH 0.02 million, profit tax – UAH 112.5 million (3.5%).