The net profit of Citibank (Kyiv) in January-September 2021 amounted to UAH 1.225 billion, which is 18.5% more than in the same period in 2020 (UAH 1.03 billion), according to the quarterly reports released on the bank’s website.
According to the report, for the third quarter of 2021, the net profit of Citibank increased by 32.8% compared from the corresponding indicator of the previous year – to UAH 479.15 million.
The bank’s net interest income for the nine months of 2021 decreased by 3.3% compared to the comparable period (to UAH 1.03 billion), while net commission income increased by 7.5% (to UAH 195.3 million).
The bank’s assets over the specified period increased by 23% – to UAH 34.3 billion, in particular, cash and cash equivalents increased by 17% (UAH 10.14 billion), clients’ loans and debts increased by 2.2 times (to UAH 5.675 billion).
Citibank’s liabilities in January-September 2020 increased by 25.8%, to UAH 31.92 billion, including bank funds by 2.2 times, to UAH 330.1 million, and customer funds increased by 25.2%, to UAH 31.385 billion.
The bank’s equity capital during this period decreased by UAH 113 million – to UAH 2.368 billion, charter capital remained at the level of UAH 200 million.
Citibank was founded in 1998 and is a subsidiary bank of the American Citibank NA.
According to the National Bank of Ukraine, as of September 1, 2021 Citibank ranked 14th in terms of total assets (UAH 34.494 billion) among 72 operating banks.
