Business news from Ukraine

CREDIT AGRICOLE BANK SEES 4.5% IN NET PROFIT IN H1

2 August , 2019  

The net profit of Credit Agricole Bank (Kyiv) in January-June 2019 amounted to UAH 824.944 million, which is 4.5% more than in the same period of 2018, according to a quarterly report of the bank.
According to the report, posted on the website of the financial institution, a net interest income in the first half of this year increased by 12.6% compared with the corresponding period of 2018, to UAH 1.198 billion.
The bank’s assets grew by 15%, to UAH 37.707 billion, in particular loans to customers by 13.8%, to UAH 24.689 billion.
The liabilities of the bank since the beginning of the current year have increased by 17.2%, to UAH 33.498 billion, net worth by 0.2%, to UAH 4.209 billion.
Charter capital in the first half remained at the level of UAH 1.223 billion.
Credit Agricole Bank was founded in 1993. Its only shareholder is Credit Agricole S.A. (France).

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