Credit Dnepr Bank completed the second quarter of 2018 with a profit of UAH 157.2 million
30 July 2018
Profit of the Bank Dnipro Credit on the basis of activity in April-June 2018 is UAH 157.175 million, the first half-year financial institution completed a positive financial result of UAH 40.251 million. Net interest income of Credit Dnepr Bank for the six months of 2018 increased to UAH 85,181 million, while for the corresponding period in 2017 this indicator amounted to UAH 63,963 million.
Net fee and commission income for the six months of 2018 increased by 28% compared to the corresponding period in 2017 - up to UAH 64.782 million.
The equity capital of the financial institution for the first half-year increased by 2.4% - to UAH 838.281 million.
As of June 30, 2018, the bank's assets amounted to UAH 9.078 billion, clients' funds amounted to UAH 8.183 billion.
Since the beginning of the year, the bank has increased its loan portfolio by 8.2% - to UAH 4.458 billion.
A running business model with an emphasis on servicing the retail segment, agro-sector, small and medium-sized businesses, coupled with significant strengthening of the bank's position by upgrading, updating and improving the loan portfolio, more efficient asset management due to the closure of bad debts, the active development of priority business areas will further strengthen the market position of the bank and increase the profitability of the business.