The net profit of OTP Bank (Kyiv) in January-September 2021 amounted to UAH 2.066 billion, which is 1.4 times more than in the same period in 2020 (UAH 1.5 billion).
According to reports on the bank’s website, its net profit for the third quarter of 2021 decreased by 16.6% from the corresponding indicator a year earlier – to UAH 771 million.
Net interest income of OTP Bank for the nine months increased by 26.9% compared to January-September 2020 – up to UAH 3.34 billion, and net commission income – by 13.2%, to UAH 977 million.
The bank’s assets for three quarters increased by 5% – to UAH 64.5 billion, including loans to customers – by 30.2%, to UAH 35.99 billion, while funds in banks decreased by 5%, to UAH 12.95 billion.
The bank’s liabilities for the reporting period increased by 9.3% – to UAH 54.08 billion, in particular, customer accounts – by 9.6%, to UAH 52.4 billion.
According to reports, OTP-Bank’s equity capital for the first nine months of this year increased by 8.7% – up to UAH 10.4 billion, while charter capital remained at the level of UAH 6.186 billion.
OTP Bank is the flagship of the OTP banking group, registered by the NBU, which also includes AMC OTP Capital LLC and OTP Leasing LLC.
According to the National Bank of Ukraine, as of September 1, 2021, in terms of total assets (UAH 65.765 billion) OTP Bank ranked ninth among 72 banks operating in the country.
