News

A meeting of Ukrgasbank’s Board and the regional network executives has recently taken place with a view to discuss H1 2011 results and prospects for Q3 2011.

The bank has recorded a H1 2011 net profit of UAH 6.670 million, including a Q2 2011 net profit of UAH 3.482 million.

2011 is a special year in the history of the bank. On July 21 the financial institution celebrates its 18th anniversary of successful performance at the Ukrainian banking market. During this time the bank together with all Ukrainian banking system has faced a number of challenges, nevertheless the relationship with its customers has been based on the grounds of mutually benefitial partnership in the long-term scale.

The vast experience and the 18 years track record and traditions, based on the high banking service standards, confidence and stability result in the top rankings of Ukrgasbank at the banking market. Nowadays Ukrgasbank is a fully-scale universal bank with a nation-wide coverage represented by 254 branches and outlets, 565 ATMs, 760 POS-terminals and 10 self-service kiosks.

The bank stands firmly and looks to the future with confidence. Our customers enjoy the full range of 24-hours distant services and the contact-center support thanks to the advanced IT technologies.

The partners of the bank comprise of large domestic companies representing different industries, as well as international institutions. The bank’s active performance at local and international markets enables to strengthen its standing, to provide upward dynamics of its financials and to grow its clientele.

According to the National Bank of Ukraine’s data Ukrgasbank joined the 1st group of the largest domestic banks by assets. Ukrgasbank became one of the largest Ukrainian banks measured by the shareholders’ equity of UAH 10 billion resulted in recent capital injection of UAH 4.3 billion.

The efficient performance of Ukrgasbank is focused on further growth of the institution as well as the development of the whole Ukrainian banking system and the stable economic growth of the country.

On July 19, 2011 Ukrgasbank, a Paying Agent, has paid yield interest of series A internal bonds of Boryspil City Council for the 12th period in the amount of UAH302 940, i.e. UAH 33.66 par value at: 39 Chervonoarmyiska, Kyiv, 01004.

JSB ‘Ukrgasbank’ and the Autonomous Republic of Crimea, represented by the Minister of Finance, has executed the Payment Agency agreement to support securities turnaround and redemption stipulating that the Bank will be an authorized Payment Agent for three issues of interest-bearing bonds with total par value UAH400 million:

On July 7, 2011 Ukrgasbank has paid yield on registered interest-bearing series В bonds of Euro Leasing Ltd. for the 15th interest period in the amount of UAH 190 740, namely UAH 37.40 par value. JSB ‘Ukrgasbank’ has paid the interest yield as a Paying Agent. It has arranged the issue and primary offering series B bonds of Euro Leasing Ltd. The bond emission totals UAH100. The raised funds are aimed to finance day-to-day operations of the issuer. 100% of raised funds after bonds sale will be forwarded to fund/refinance the purchase of autos for the rent/lease purpose.

On July 1, 2011 JSB ‘Ukrgasbank’ Extraordinary General Shareholders Meeting took place.

On June 30, 2011 Oleksiy Krykhtin has been appointed to be a member of the Board – Deputy Chairman of the Board by the Supervisory Board of JSB ‘Ukrgasbank’. Previously Mr. Krykhtin was a member of the Supervisory Board.