JSB “Ukrgasbank” Ended 1H2013 with Profit of UAH 528 million

Ukrgasbank made a profit of UAH 528 million for the first six months of 2013 that is three times as much as a profit for a respective period a year before.

Amounts due to customers increased by UAH 1.1 billion in the second quarter and reached UAH 8,042 billion. Loan portfolio amounted to UAH 11.946 billion as of 01.07.2013, of which corporate loan portfolio accounted for UAH 8.926 billion and retail loan portfolio — UAH 3.020 billion.

Interest income of the bank increased by UAH 556 million in 2q2013 and exceeded UAH 1 billion since the beginning of the year.

Assets of the bank totaled UAH 20.8 billion as of 01.07.2013. Shareholders’ equity of JSB “Ukrgasbank” rose by UAH 541 million in 2q2013 to UAH 4.4 billion.

ROA was 5.19% as of 01 July 2013; ROE — 25.03%. The bank provides services to over 30 thousand corporate customers and more than 580 thousand retail customers via a network of 237 outlets located throughout Ukraine.