FOLLOW US ON SOCIAL

Posted On

29
October
2021

FUIB net profit grows by 1.5 times in Jan-Sept

KYIV. Oct 29 (Interfax-Ukraine) – The net profit of the First Ukrainian International Bank (FUIB, Kyiv) in January-September 2021 amounted to UAH 3.02 billion, which is 1.5 times more than in the same period of 2020 (UAH 2.06 billion) , according to a report posted on the bank’s website.

According to it, FUIB’s net profit in the third quarter of 2020 increased by 28.4% year-over-year, to UAH 1.036 billion.

The bank’s net interest income in January-September 2021 grew by 32.8%, to UAH 6.581 billion, and net fee and commission income – by 19.7%, to UAH 1.43 billion.

The bank’s assets in January-September increased 1.4 times, to UAH 106.3 billion, in particular, loans to customers grew by 31% (to UAH 49.3 billion), and cash and cash equivalents – 2.3 times (to UAH 32.99 billion).

FUIB’s liabilities for the period increased 1.5 times, to UAH 94.9 billion, including customer funds – 1.5 times, to UAH 84.5 billion and debt to the National Bank of Ukraine (NBU) – 1.4 times, to UAH 5.7 billion.

The bank’s equity capital in January-September 2021 rose by 17.5%, to UAH 11.38 billion, while the charter capital remained at the level of UAH 4.78 billion.

FUIB was founded in 1991. Rinat Akhmetov is the owner of a substantial stake in the bank (indirect participation is 99.9%).

According to the NBU, as of September 1, 2021, FUIB ranked seventh in terms of total assets (UAH 99.907 billion) among 72 banks operating in the country.