The net profit of Credit Agricole Bank (Kyiv) in 2019 amounted to UAH 1.73 billion, which is 18%, or UAH 267 million more than in 2018, the bank’s website reports.
At the same time, the bank’s net profit for the fourth quarter of 2019 amounted to UAH 398 million, which is 43% more than the same indicator a year earlier (UAH 278 million).
The bank’s net interest income for 2019 increased by 7% and amounted to UAH 2.48 billion.
In 2019, the bank’s assets increased by 8%, to UAH 35.3 billion, in particular loans and customers’ debts by 5%, to UAH 25.06 billion, as well as investments and securities by 46%, UAH to 1.46 billion.
The bank’s liabilities since the beginning of the year have grown by 5%, to UAH 30.15 billion, while subordinated debt decreased by 36%, to UAH 679 million.
The bank’s net worth in 2019 rose by 23% and amounted to UAH 5.16 billion.
Credit Agricole Bank was founded in 1993. Its sole shareholder is Credit Agricole S.A. (France).
Credit Agricole Bank ranked 11th among 76 banks operating in the country as of October 1, 2019 in terms of total assets (UAH 38.111 billion), according to the National Bank of Ukraine.