Kreditprombank Completed 1Q with Profit
OREANDA-NEWS. May 14, 2012. By results of the 1st quarter of this year net profit of PJSC "Kreditprombank" according to national accounting standards amounted to UAH 3,1 MIL that is almost 5 times more than by results of January-March, 2011, reported the press-centre of Kreditprombank.
Net interest income reached UAH 80.8 MIL, net fee and commission income has increased by 20.3% in comparison with the similar period of previous year and amounted to about UAH 27.8 MIL.
Net assets of the bank as of 01.04.2012 amounted to UAH 12.6 BIL. Loan portfolio has increased up to UAH 9.96 BIL. At the same time the volume of loans granted to legal entities amounted to UAH 8.2 BIL, to individuals – to UAH 1.7 BIL.
Total liabilities of the bank as of 01.04.2012 amounted to UAH 10.4 BIL. Balances on term accounts of legal entities reached UAH 1.8 BIL, on term accounts of individuals – UAH 5.4 BIL.
As of 01.04.2012 the equity of PJSC "Kreditprombank" amounted to almost UAH 2.2 BIL. The ratio of capital adequacy of the bank exceeds standard rate (at least 10%) and makes 13.36%. Current liquidity amounts to 52.43% while the standard rate is at least 40%.
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