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Net profit of UkrSibbank down by 2.3% in Jan-Sept
KYIV. Nov 1 (Interfax-Ukraine) – Net profit of UkrSibbank (Kyiv) in January-September 2021 amounted to UAH 990.1 million, which is 2.3% less than for the same period in 2020 (UAH 1.013 billion), according to a quarterly report posted on the bank’s website.
According to it, in the third quarter, UkrSibbank’s net profit amounted to UAH 518.4 million, which is 1.5 times more than in July-September 2020 (UAH 343 million).
The bank’s net interest income (after deductions on credit losses) for nine months increased by 4% compared to the same indicator a year earlier, to UAH 2.6 billion, the net fee and commission income – by 16.7%, to UAH 1.44 billion.
The bank’s assets in nine months increased by 4.2%, to UAH 75.3 billion, including funds in other financial institutions at amortized cost – by 10.6%, to UAH 26 billion, and customer funds – by 20.7%, to UAH 25.4 billion.
Liabilities of UkrSibbank in January-September increased by 3.2%, to UAH 66.15 billion. In particular, customer funds increased by 3.4%, to UAH 65.17 billion.
The bank’s equity capital for nine months increased by 12.1%, to UAH 9.16 billion, the charter capital remained at the level of UAH 5.069 billion.
UkrSibbank was founded in 1990. Its shareholders are BNP Paribas S.A (France), which owns 60% of the bank’s charter capital, and the European Bank for Reconstruction and Development – 40%.
According to the National Bank of Ukraine (NBU), as of September 1, 2021, in terms of total assets, UkrSibbank (UAH 72.836 billion) ranked eighth among 72 banks operating in Ukraine.
