UKRGASBANK reports UAH 554 million in profit

For seven months of 2020, net profit of UKRGASBANK has grown to UAH 554 million. This is almost twice as much as profit for the respective period of the previous year (UAH 288 million).

This is the result of the introduction of modern products and online services, as well as improving the quality of customer service, and overall growth of the bank's customer base. Even during the lockdown, we continue to actively support Ukrainian business. For today, UKRGABANK accounts for a quarter of all loans issued to SMEs under government program "Affordable loans 5-7-9%" which is more than UAH 500 million.

For reference: UKRGASBANK profit for 2019 exceeded UAH 1 billion.