The net profit of JSC Raiffeisen Bank Aval (Kyiv) in January-March 2019 amounted to UAH 1.079 billion, which is 21.9% less than in the same period of 2018 (UAH 1.381 billion). According to the quarterly statements of the bank on its website, its net interest income for the first three months of the current year increased by 6.3% compared to the corresponding period last year, to UAH 1.740 billion.
Since the beginning of the year, its assets decreased by 3.8%, to UAH 70.526 billion, in particular loans to customers were down by 3.3%, to UAH 45.278 billion.
Since the beginning of the year, the bank’s liabilities have decreased by 6.3%, to UAH 57.804 billion.
The charter capital of the bank in the first quarter did not change and remained at UAH 6.153 billion, while net worth grew by 9.4%, to UAH 12.721 billion.
Raiffeisen Bank Aval was founded in 1992. According to its data, on January 1, 2019, Raiffeisen Bank International owned 68.27% of the charter capital of the financial institution, the EBRD held 30%.