Bank Ukrgasbank : UKRGASBANK earned UAH 2.2 billion profit for the first 5 months of 2023

Since the beginning of 2023, UKRGASBANK, a systemically important bank in Ukraine, has been demonstrating profitable and efficient activity. The Bank's profit totaled UAH 2.2 billion for the past 5 months. The Cost-to-Income Ratio (CIR) stands at 57.2%. The regulatory capital adequacy ratio constitutes 14.2%, demonstrating a rise of 3.9 PPTs since the beginning of the year. The Bank complies with all prudential regulatory ratios of the National Bank of Ukraine.

As of the beginning of June 2023:

• Non-interest income amounted to UAH 1.1 billion.
• The Bank's assets reached UAH 157 billion, increasing by UAH 25.3 billion since the beginning of the year (here and below net of foreign currency exchange rate differences).
• The domestic government bonds portfolio reached UAH 29 billion, increasing by UAH 7 billion since the beginning of the year.

UKRGASBANK is a reliable financial partner for customers from all business segments and areas. Despite the war, the volume of funds due to customers totaled UAH 136 billion as of the beginning of June, increasing by UAH 23.7 billion, including UAH 19.3 billion increase in Hryvnia balances.

"In 2023, the Bank maintains profitability and efficiency, enhancing opportunities for further development. We will continue to implement programs and products for comprehensive business support under martial law. We also plan to introduce new services for retail customers", stated Rodion Morozov, Acting Chairman of the Management Board of UKRGASBANK.

15.06.2023