KYIV. July 26 (Interfax-Ukraine) – Profit of Raiffeisen Bank Aval (Kyiv) totaled UAH 1.456 billion in January-June 2016, while its loss stood at UAH 1.04 billion in H1 2015, the bank has said in a quarterly report.
The bank said that its profit in Q2 2016 amounted to UAH 772.9 million (a rise of 13.1% compared to Q1 2016).
Total assets grew by 4% in H1 2016, to UAH 53.289 billion, including a decline of almost 1.8% in credits and debts if clients, being UAH 24.825 billion.
Total liabilities grew by 1.3% compared to early 2016, to UAH 45.566 billion.
Charter capital did not change, being UAH 6.155 billion, while net worth grew by 23.2% compared to the beginning of 2016, amounting to UAH 7.723 billion.
Raiffeisen bank Aval was founded in 1992.
The bank ranked fifth among 109 operating banks as of April 1, 2016, in terms of assets worth UAH 52.583 billion, according to the National Bank of Ukraine.
