Credit Dnipro Bank showed a profit on the results of activities for 9 months of 2020
21 October 2020
Net profit of Credit Dnipro Bank according to the results of activity for 9 months of 2020 amounted to UAH 20.4 million. Net interest income on October 1, 2020 is equal to UAH 290.8 million, which is 102% more than net interest income for the same period in 2019. At the same time, net interest income in the third quarter amounted to UAH 105.3 million, exceeding by 18% the same indicator for the second quarter of 2020. Net commission income in the third quarter amounted to UAH 28.3 million, which is 24% more than in the second quarter of 2020.
Serhiy Panov, Chairman of the Management Board, noted that in August this year the bank resumed active lending to individuals and legal entities, as a result of which the loan portfolio grew by UAH 150 million or 5.2% in the third quarter.
"The bank has a significant margin of safety in the form of highly liquid assets, the amount of which on 01.10.2020 is UAH 3,331.3 million or 36% of the bank's assets. Since the beginning of the year, highly liquid assets have increased by 27%," Serhiy Panov added.
As of October 1, 2020, the bank's assets amount to UAH 9,362.1 million. The capital adequacy ratio (H2) is 17.49% (with a regulatory value of at least 10%).
Credit Dnipro Bank is among the TOP-20 financial institutions of Ukraine in terms of gross assets (as of August 1, 2020) and according to the classification of the National Bank of Ukraine is in the group of banks with private capital.