Citibank’s (Kyiv) net profit for January-March 2020 amounted to UAH 411.59 million, which is UAH 1.9 million or 0.5% more than for the same period in 2019 (UAH 409.66 million), according to the quarterly statements of the bank. According to the report on the bank’s website, its net interest income for the first quarter amounted to UAH 501.8 million, which is 5.1% more than for the first quarter of last year.
The bank’s assets for the reporting period increased by 0.9%, to UAH 31.68 billion, in particular NBU deposit certificates by 13.2%, to UAH 14.5 billion, and loans to customers decreased by 23.5%, to UAH 4.2 billion.
Liabilities rose by UAH 26.8 million or by 0.1%, to UAH 28.18 billion, in particular customer deposits by UAH 45.4 million or by 0.16%, to UAH 27.7 billion.
Net worth increased by UAH 248.9 million, or 1.14%, to UAH 3.5 billion. Charter capital remained at the level of UAH 200 million.
Citibank, founded in 1998, is a subsidiary of the American Citibank NA.
According to the National Bank of Ukraine, by January 1, 2020 Citibank ranked 13th among 75 banks operating in the country in terms of total assets (UAH 31.457 billion).
