The net profit of Bank Pivdenny (Odesa) in January-March 2020 amounted to UAH 30 million, which is 63.68% less than in the same period in 2019 (UAH 89.59 million), according to the quarterly bank statements.
According to the report posted on the bank’s website, net interest income for the first quarter of 2020 amounted to UAH 361.28 million, which is 2.8% more than for the first quarter of last year.
In January-March 2020, the bank’s assets increased by 1.7%, to UAH 27.14 billion, including loans to customers by 18.9%, to UAH 15.53 billion.
The bank’s liabilities since the beginning of the year grew by 2.1%, to UAH 24.35 billion, including obligations to customers by 4.7%, to UAH 20.54 billion.
The bank’s net worth in January-March 2020 decreased by 1.7%, to UAH 2.79 billion.
The charter capital remained at the level of UAH 1.34 billion.
Bank Pivdenny was founded in 1993.
