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31.01.2018 | 13:25

Ukrgasbank got profit

In 2017, Ukrgasbank increased net profit in 2.2 times to UAH 624 million compared with 2016 (UAH 289 million).

Ukrgasbank reports basing on the results of activities in 2017 on profit increase up to UAH 624 million that by 20% more compared with index set in the budget by the bank's supervisory board. 

"In 2015, the bank was on the 17th place in terms of assets and its maket share was 2%. Now we are on the 4th position among the largest Ukrainian banks with 6% share. We did worrk a lot on the bank's transformation to reach such a results. If you're aimed to change for good it shall bring the results. In 2015, Ukrgasbank was the only state-owned bank which had no need in refinancing. Over the last three years we hadn't applied for funds from the budget - the only source to increase company's capital remains the profit. We have been showing it for three years in a raw. It's fast-growing," Ukrgasbank Board Chairman Kyrylo Shevchenko noted. 

References in the article: financial performances, ukrgasbank, profit, bank, net profit
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