UKRGASBANK reported UAH 4.08 billion net profit for 11 months of 2023

The state-owned UKRGASBANK continues to demonstrate the leading positions by key indicators, overperforming the planned budget.

The operating profit before provisioning and taxation amounted to UAH 4.3 billion, while the net profit totaled UAH 4.08 billion for the first eleven months of 2023, exceeding the planned value by UAH 2.06 billion.

The Bank’s assets reached UAH 166.7 billion, having increased by UAH 35 billion as of December 1, 2023. The volume of funds due to customers totaled UAH 142.7 billion, having increased by UAH 29.9 billion since the beginning of the year. In particular, the volume of funds due to corporate customers totaled UAH 85.5 billion, having increased by UAH 26.2 billion, whereas the volume of funds due to SME customers amounted to UAH 25.4 billion, having increased by UAH 4 billion. The portfolio of household deposits in Hryvnia amounted to UAH 9.8 billion, having increased by almost UAH 3.5 billion.

UKRGASBANK is on the list of systemically important banks in Ukraine. From the first days of the war, the Bank has been supporting critical and strategic sectors of the economy, in particular, agricultural, food, and electric power industries, actively assisting the Armed Forces of Ukraine. 

25.12.2023