Speculation had been mounting the anonymous graffiti artist was in the war-torn country after a series of murals appeared in the town of Borodyanka, near Kyiv.

One mural depicted a man resembling Russian President Vladimir Putin being flipped during a judo match with a little boy.

Another showed two children using a metal tank trap as a seesaw.

However, the mural which Banksy chose to reveal his presence in the country is of a female gymnast balancing on a damaged building.

The graffiti artist posted three images of the mural on Instagram on Friday, with the caption simply reading "Borodyanka, Ukraine".

Borodyanka, northwest of the capital, was one of the towns hardest hit by Russia's bombardment at the beginning of the invasion.

Russian soldiers invaded in February, occupying the town for weeks before it was liberated in April.

Since then, the town has been the focus of reconstruction efforts, with several tower blocks demolished as a result of damage caused by the fighting.

Australian Associated Press