OREANDA-NEWS. November 18, 2010. Net profit of PJSC “Kreditprombank” under national accounting standards amounted to over UAH 20.8 million. Stabilization of net interest income, substantial fee income as well as strict cost control allowed the bank to achieve positive financial result. Net interest income amounted to UAH 420.4 million and net fee income - UAH 64.5 million, reported the press-centre of Kreditprombank.

Net assets of the bank for 9 months of this year reached UAH 13.9 billion. Loan portfolio reduced since the beginning of the year by 2.5% and made UAH 10.8 billion. The volume of loans provided to corporate clients amounted to UAH 8.1 billion and to retail clients – UAH 2.7 billion. 

Total liabilities of the bank reduced by 2.4% to UAH 12 billion.  Balances on corporate accounts increased by 56% since the beginning of the year and reached UAH 1.7 billion; balances on retail accounts increased by 49.9% and amounted to UAH 4.1 billion.

As of 01.10.2010, equity of PJSC “Kreditprombank” amounted to UAH 1.8 billion. Capital adequacy ratio of the bank exceeds the normative value (not less than 10%) and makes 13.7%.  

Public Joint Stock Company ”Kreditprombank” is a stable universal commercial bank represented on Ukrainian market since 1997. According to NBU classification, it belongs to the group of the largest banks of the country. 

The bank provides full range of financial services to corporate and retail customer and small and medium-size enterprises, its client base includes about 400 thousand of retail and over 10 thousand of corporate clients. As of 01 October 2010, national branch network of Kreditprombank unites 12 branches, 172 outlets and Kiev Regional Department.