UKRGASBANK earned UAH 1.4 billion for the first quarter of 2023

Working under martial law conditions, UKRGASBANK demonstrates stability and profitable activity. Based on the first quarter 2023 results, the Bank’s net profit totaled UAH 1.4 billion. 

Since the beginning of 2023, the Bank's assets have increased by UAH 14 billion or 10% and reached UAH 146 billion as of early April (net of foreign currency exchange rate differences). The volume of funds due to customers increased by UAH 15 billion or 13% and currently totals UAH 127 billion. 

The volume of non-interest income amounted to UAH 736 million, which is UAH 213 million or 40% more YoY.

To support the economy, the Bank increased the volume of investments in domestic government bonds by UAH 4 billion or by almost 20% up to UAH 24 billion in the first quarter of 2023.

As of the beginning of April 2023, the regulatory capital adequacy ratio constitutes 12.38%, demonstrating a rise of more than 2 PPTs compared to the beginning of the year. The Bank complies with all prudential regulatory ratios of the National Bank of Ukraine.

11.04.2023