State-owned Oschadbank (Kyiv) earned UAH 4.8 billion in net profit in the first quarter of 2025, keeping the result at the level of the previous year, while net interest income increased by 39%, according to a press release from the financial institution.
“The current profit is driven by operating activities and was achieved through the efforts of the bank’s team aimed at continuing business growth. In response to the challenges posed by rising inflation, Oschad is actively improving its cost control mechanisms,” Oschadbank Chairman of the Board Serhiy Naumov commented on the results.
It is noted that in the first quarter of 2025, net interest income amounted to about UAH 7.4 billion, which is 39% or UAH 2 billion more than in the first quarter of 2024, while Oschadbank’s operating profit for this period amounted to almost UAH 5 billion.
“Currently, Oschadbank has sufficient liquidity and capital. Thus, the regulatory capital adequacy ratio of Oschadbank as of April 1, 2025 is 13.10%, which is significantly higher than the current NBU regulatory value of 9.25%,” the bank said.
According to the National Bank of Ukraine, as of the beginning of 2025, Oschadbank ranked second in terms of total assets (UAH 963.39 billion, or 12.4%) among 61 banks in the country.
The bank’s net profit for 2024 amounted to UAH 7.9 billion, compared to UAH 6 billion in 2023, while operating profit increased by 20% to more than UAH 14 billion.
