The net profit of state-owned Ukrgasbank (Kyiv) in January-July 2021 amounted to UAH 1.135 billion, which is twice as much as in the same period in 2020 (UAH 554 million), the bank’s press service said.
According to the report, in July the bank’s profit amounted to UAH 408 million, which is 3.4 times more than in July last year (UAH 120 million).
Ukrgasbank was established in 1993. The state, represented by the Ministry of Finance, owns 94.9409% of the shares of the financial institution.
According to the National Bank of Ukraine, as of June 1, 2021, in terms of total assets (UAH 133.5 billion) Ukrgasbank ranked fourth among 73 banks operating in the country.
