Businessman Oleksandr Yaroslavsky’s bank Credit Dnipro managed to double its loan portfolio last year, with 80% of the growth coming from an increase in corporate loans.
“In 2024, the bank’s loan portfolio doubled, and 80% of the growth was in corporate financing, while the growth of our agricultural portfolio was 65%,” said Serhiy Panov, Chairman of the Board of the financial institution, in a blitz interview with Interfax-Ukraine.
According to the National Bank of Ukraine (NBU), the bank’s loan portfolio amounted to UAH 7.83 billion as of January 1, 2025, of which UAH 6.88 billion was to businesses.
The Chairman of the Board said that in 2024, the bank’s retail business “opened a second wind”: customers were offered a new mobile application, the development of the regional network continued, and the financial institution entered the top 5 banks in terms of lending under the eHouse state program.
“This year, we aim to increase our momentum and increase our presence in the retail sector,” Panov said.
As of January 1, 2025, according to the National Bank’s statistics, the financial institution ranked 20th in terms of total assets (UAH 24.34 billion) among 61 banks in the country. The bank’s net profit last year amounted to UAH 175 million.
Borrowings from clients in the agricultural sector account for about 40% of the loan portfolio of the state-owned Ukrgasbank (Kyiv), said Mykola Alfyorov, deputy director of the small and medium business department of the financial institution.
“In general, 40% of our loan portfolio is made up of clients from the agricultural sector. This area will always be a priority, despite all the risks, as evidenced by the statistics of all banks,” he said at the Agro Finance Summit in Kyiv on Thursday.
According to him, in 2024 Ukrgasbank increased lending to the agricultural sector in the investment direction: it accounted for 50% of all loans. In total, since the beginning of the full-scale war, the bank has issued loans for almost UAH 10 billion.
“In the first year of the war, it was a task aimed at replenishing working capital and providing it to farmers so that they could sow and harvest on time. Already in 2023, we saw a dynamic increase in the investment interest of the agricultural sector, and in 2024 it was a real growth,” said Alfiorov.
Among the most popular financial products among agrarians, he named the state program “5-7-9%” in combination with international programs.
The Deputy Director of the Department also pointed out that Ukrgasbank actively provides financing up to UAH 8 million using guarantee mechanisms from farmers, but this amount can be doubled to UAH 16 million under a portfolio guarantee or a guarantee of an international organization.
According to the National Bank of Ukraine, as of November 1, 2024, Ukrgasbank ranked 5th (UAH 136.18 billion) among 62 banks operating in the country in terms of total assets. The net profit of the financial institution for 10 months of the year amounted to UAH 4.84 billion, while for the same period in 2023 it was UAH 3.36 billion.
The loan portfolio of Ukrainian banks in August 2021 increased by 3%, to UAH 1.124 trillion, while the volume of non-performing loans (NPL) decreased by 0.7%, to UAH 393.178 billion, according to reports on the website of the National Bank of Ukraine (NBU). According to the report, the share of non-performing loans in the country’s banking system in August fell to 34.99% from 36.3% in July.
The National Bank indicated that over the month the portfolio of loans in the corporate sector increased by 2.6% – to UAH 827.583 billion (the NPL volume in it decreased by 0.2% – to UAH 344.99 billion), and the portfolio of loans to individuals increased by 2.4% – to UAH 238.463 billion (NPL decreased by 3.7% – to UAH 47.738 billion).
At the same time, the volume of interbank loans increased by 3.9% – to UAH 41.1 billion (NPL by 1.3% – to UAH 450 million), and the volume of loans issued to public authorities and local governments – by 1.5 times, to UAH 16.7 billion (NPL remained at 0%).
According to the National Bank, in August the share of NPL in the portfolio of loans provided to the corporate sector decreased by 1.2 percentage points (to 41.69%), loans to the population – by 1.3 percentage points (to 20.02%), interbank loans – by 0.03 percentage points (to 1.10%), while the share of loans to state authorities remained at the level of 0%.
The central bank’s report indicates that the loan portfolio of state-owned banks (excluding PrivatBank) in August-2021 increased by 4.7% – to UAH 303.856 billion (the NPL volume in it decreased by 0.9% – to UAH 111.195 billion). PrivatBank’s loan portfolio grew by 0.9% – to UAH 250.674 million (NPL – by 0.1%, to UAH 176.9 billion).
In addition, over the month, the loan portfolio of banks with foreign capital increased by 3.5% (to UAH 372.39 billion), with private – by 2.2% (to UAH 196.257 billion). At the same time, the volume of NPL in them decreased by 2.5% (to UAH 82.956 billion) and by 1.1% (to UAH 21.592 billion), respectively.
Thus, in August 2021, the share of NPL in the loan portfolio of state-owned banks (excluding PrivatBank) decreased by 2 p.p. (to 36.59%), and in PrivatBank – by 0.6 p.p. (to 70.57%). At the same time, the share of NPL in the loan portfolio of banks with foreign capital decreased by 1.4 percentage points (to 22.28%), with private – by 0.4 percentage points (to 11%).
The loan portfolio of Ukrainian banks in June 2021 grew by 1%, to UAH 1.091 trillion, while the volume of non-performing loans (NPL) decreased by 0.7%, to UAH 405.522 billion, according to reports on the website National Bank of Ukraine (NBU).
According to the report, the share of non-performing loans in the banking system in June fell to 37.18% from 37.85% in May.
The National Bank indicated that over the month the portfolio of loans in the corporate sector decreased by 0.7%, to UAH 809.363 billion, while the portfolio of loans to individuals increased by 2.1%, to UAH 229.139 billion.
At the same time, the volume of interbank loans increased by 1.4%, to UAH 40.93 billion, and the volume of loans issued to state and local authorities increased by 3.7%, to UAH 11.212 billion.
According to the National Bank, in June, the share of NPL in the portfolio of loans provided to the corporate sector decreased by 0.5 percentage points (to 43.66%), loans to the population – by 1 percentage point (to 22.4%), interbank loans – by 0.5 percentage points (to 1.92%), and loans to state authorities remained at the level of 0%.
The central bank’s report indicates that the loan portfolio of state-owned banks (excluding PrivatBank) in June 2021 increased by 0.2%, to UAH 292.798 billion (the NPL volume in it decreased by 0.5%, to UAH 118.09 billion), while the loan portfolio of PrivatBank grew by 0.4%, to UAH 248.7 million (NPL decreased by 0.2%, to UAH 177.4 billion).
In addition, over the month, the loan portfolio of banks with foreign capital increased by 1.5% (to UAH 361.09 billion), with private – by 2.6% (to UAH 188.06 billion), while the volume of NPL in them decreased accordingly by 0.8% (to UAH 87.55 billion) and by 1.2% (to UAH 22.509 billion).
The number of banks expecting an increase in the volume of their loan portfolio over the next 12 months amounted to 88% for the corporate segment and 79% for lending to the population, according to the results of a survey conducted by the National Bank of Ukraine (NBU) on the conditions of bank lending.
“In the next 12 months, 79% of respondents predict an increase in the loan portfolio of households, 88% – corporate portfolios. The share of banks that expect an increase in the loan portfolio of enterprises is the largest in the entire history of observation. 67% of financial institutions predict an increase in funding due to an increase in funds of both population and corporations,” the central bank said in a review on its website on Friday.
In addition, in the second quarter, half of the respondents noted an increase in demand for both consumer lending and mortgages.
In the second quarter, survey participants noted a moderate increase in liquidity risk, credit and interest rate risks, while in the next three months banks expect further growth in credit risk, simultaneously with a decrease in interest rate risk and liquidity risk.
More than 80% of banks consider the total debt burden to be medium, in addition, for large enterprises it is higher when compared with SMEs.
In the next quarter, financial institutions forecast the largest easing of hryvnia business lending standards since 2013. In particular, in mortgage loans, due to positive expectations of the prospects for the real estate market, and in consumer loans due to positive expectations of consumer solvency and general economic activity, as well as competition with other banks and nonbank financial institutions.
The loan portfolio of Ukrainian banks in April 2021 grew by 1.7%, to UAH 1.076 trillion, and the volume of non-performing loans (NPL) – by 0.8%, to UAH 425.88 billion, according to reports posted on the website of the National Bank of Ukraine (NBU).
According to its data, the share of non-performing loans in the banking system in April fell from 39.93% to 39.57%.
The National Bank indicated that over the month the portfolio of loans in the corporate sector increased by 1.9%, to UAH 807.408 billion (including the NPL volume in it – by 0.8%, to UAH 369.615 billion), and the portfolio of loans issued to individuals – by 1.6%, to UAH 218.678 billion (NPL – by 0.7%, to UAH 52.289 billion).
At the same time, the volume of interbank loans increased by 0.6%, to UAH 39.388 billion (including NPL decreased by 0.1%, to UAH 980 million), while the volume of loans issued to state and local authorities decreased by 3%, to UAH 10.909 billion (NPL remained at 0).
According to the National Bank, in April, the share of NPL in the portfolio of loans provided to the corporate sector decreased by 0.5 percentage points (to 45.78%), loans to the population – by 0.2 percentage points (to 25.28%), interbank loans – by 0.2 percentage points (to 2.49%), and loans to state authorities remained at the level of 0%.
The central bank report indicates that the loan portfolio of state-owned banks excluding PrivatBank in April 2021 increased by 0.2%, to UAH 299.733 billion (the NPL volume in it increased by 1.8%, to UAH 131.15 billion), while PrivatBank’s loan portfolio grew by 0.4%, to UAH 246.337 million (NPL remained at the level of UAH 177.99 billion).
In addition, over the month, the loan portfolio of banks with foreign capital grew by 3.5% (to UAH 352.736 billion), and with private capital – by 2.6% (to UAH 177.577 billion), while the NPL volume in them decreased by 0.6% (to UAH 93.55 billion) and by 1.7% (to UAH 23.2 billion).
