The net profit of Citibank (Kyiv) in January-September 2019 totaled UAH 1.55 billion, which is 1.6 times more than a year ago (UAH 994.33 million), according to quarterly financial statements of the bank.
According to the statements posted on the website of the bank, net profit in Q3 2019 totaled UAH 565.15 million, which is 1.5 times more than a year ago.
Net interest income in January-September 2019 increased 38.2% compared to the same period in 2018, to UAH 1.44 billion.
Bank assets since the beginning of the year grew by 15.7%, to UAH 28.74 billion, including cash and trading assets increased 1.6 times, to UAH 11.81 billion and to UAH 2.24 billion, respectively, and investments in government bonds – 5.1 times, to UAH 3.46 billion. At the same time, loans to customers decreased 46.7%, to UAH 3.810 billion.
According to the results of January-September, the bank’s liabilities grew by 15.9%, to UAH 26.12 billion.
The bank’s net worth for this period increased 14%, to UAH 2.62 billion, while the charter capital remained at UAH 200 million.
Citibank was founded in 1998. It is a subsidiary of the American Citibank NA.
The largest shareholders of the financial institution as of January 1, 2019 were Citibank Overseas Investment Corporation (67%) and Citicorp Leasing International LLC (33%).
According to the National Bank of Ukraine, as of July 1, 2019, Citibank ranked 15th among 76 banks in terms of total assets.
