UKRGASBANK earned UAH 2.92 billion for nine months of 2023

Since the beginning of 2023, UKRGASBANK has ranked among the top ten most profitable banks in Ukraine, overperforming the planned budget. Thus, the Bank's net profit totalled UAH 2.92 billion for nine months of 2023, exceeding the planned target by over UAH 1.05 billion.

The operating profit before provisioning and taxation amounted to UAH 3.25 billion for the same period, exceeding the planned value by UAH 869.8 million.

The Bank's efficient performance in September allowed achieving a record operating profit before provisioning and taxation for the second month in a row, amounting to UAH 530 million, with a net profit of UAH 299.6 million.

UKRGASBANK is among the top five banks by increase in the volume of funds due to customers, which indicates customers’ loyalty and trust. The increase in the portfolio of individuals’ funds in Hryvnia amounted to UAH 2.8 billion, while the increase in the portfolio of the legal entities’ funds in Hryvnia constitutes UAH 18.4 billion.

In the second year of the full-scale war, UKRGASBANK continues supporting critical sectors of the economy, in particular, electric power, agricultural, and food industries. The Bank is among the leaders in state programs such as the ‘Affordable Loans 5-7-9%’ (investment component), the state program for the portfolio insurance of loans, and the eOselia affordable mortgage lending program.

19.10.2023