KYIV. May 17 (Interfax-Ukraine) – The profit of Kredobank (Lviv) in January-March 2016 amounted to UAH 66.609 million, which is 6.4 times more than in the corresponding period of 2015 (UAH 10.402 million).
According to the quarterly financial statements of the bank, its net interest income in the first quarter increased compared to the corresponding period of 2015 by 78%, to UAH 217.370 million.
Total assets in the first quarter increased by 11.5%, to UAH 9.225 billion, loans issued to customers grew by 8.3%, to UAH 4.482 billion.
Charter capital remained at the level of UAH 1.919 billion, net worth rose by 8.3% and stood at UAH 898.72 million.
Kredobank was established in 1990. Its strategic investor is Poland’s largest bank PKO BankPolski S.A., whose share in the charter capital of the Ukrainian bank is 99.6%.
Kredobank ranked 21st among 123 operating banks in the country on October 1, 2015 by total assets
