UGB’s Profit for the First 9 Months of 2024 Reaches UAH 4.7 Billion

Since the beginning of 2024, UGB (Ukrgasbank) has consistently ranked among the top ten most profitable banks in Ukraine. For the first nine months of 2024, the bank reported a net profit of nearly UAH 4.7 billion, marking an increase of UAH 1.7 billion compared to the same period in 2023. This underscores the bank's operational efficiency during wartime conditions.

For 9 months of 2024, UGB achieved an operating profit before provisioning and taxation of UAH 5.4 billion. 

The bank’s total assets reached UAH 183.6 billion, securing the fifth position in the Ukrainian banking market as of early September 2024.

As a systemically important financial institution, UGB remains committed to supporting key sectors of the economy of Ukraine in 2024. Its focus areas include agriculture, manufacturing, retail enterprises, and the energy sector. The bank places special emphasis on advancing Ukraine’s energy independence and enhancing its export potential.

UGB continues to roll out innovative services and products. These include the virtual ECO-Credit Card, the Energy Independence Loan for retail customers, and participation in the National Cashback Program. Additionally, UGB is among the leaders in the state mortgage lending program eOselia.

As of October 1, 2024, UGB has allocated UAH 49.5 million to charitable initiatives, with UAH 27 million directed to support the National Rehabilitation Center UNBROKEN and UAH 20 million contributed to the Armed Forces of Ukraine.

11.11.2024