Credit Dnipro Bank demonstrated profitable activity in 2020
08 February 2021
According to the preliminary results of 2020, the net profit of Credit Dnipro Bank amounted to UAH 252.3 million, which is 3.3 times more than in 2019. The net profit indicator increased due to an increase in net interest income by 87.4% compared to the same period in 2019 and in 2020 amounted to UAH 415.2 million.
At the same time, the growth of net interest income is due to an increase in the volume of income assets, as well as a decrease in the value of resources. Thus, the amount of the Bank's assets as of January 1, 2021 amounted to UAH 13.0 billion, which is 52% higher than as of January 1, 2020.
In addition, in December 2020, the beneficiary of the bank, Oleksandr Yaroslavsky, timely and fully ensured the implementation of the capital increase capitalization program approved by the NBU. As of January 1, 2021, the capital adequacy ratio (H2) is 18.23% (with a regulatory value of at least 10%), which confirms the reliability and solvency of the financial institution.
Credit Dnipro Bank is one of the TOP-20 financial institutions in Ukraine in terms of gross assets and according to the classification of the National Bank of Ukraine is in the group of banks with private capital. As of January 1, 2021, the authorized capital of the bank is UAH 3,587 million.