The net profit of UKRGASBANK reached UAH 539 million

UKRGASBANK generated net profit of UAH 539 million for 11 months of 2017, which is 22% higher than the target figure.

During the year, UKRGASBANK demonstrated sustainable growth of the customer base, which was expanded by more than 860 thousand customers.

Since the beginning of the year, the bank has increased its assets to UAH 70.5 billion, therefore the growth amounted to UAH 16.5 billion. It proves again the efficiency of the bank’s strategy to support energy-efficient and environmental projects.

As of the 1st December, the customers’ loan portfolio increased by UAH 10.8 billion and reached UAH 37.5 billion, including the green projects portfolio, which grew by UAH 3.3 billion and amounted to UAH 5.2 billion.

UKRGASBANK keeps significant cash reserves, which is the key to sustainable and efficient customer service. The portfolio of borrowed funds from the beginning of the year increased by UAH 15.9 billion reaching UAH 61.2 billion.

The securities portfolio grew by UAH 4.7 billion and reached UAH 25.8 billion for the current period.