Loan Portfolio of MEGABANK Increased by 10% for 9 Months
OREANDA-NEWS. This year MEGABANK has improved its key performances. As of October 1, 2013 net assets of MEGABANK amount to UAH 5,032 mln., since the beginning of the year they increased by UAH 192 mln (or by 4%). The growth of assets was preconditioned by increase of loan portfolio by UAH 395 mln (or by 10%).
The reserves for active operations in the bank for 9 months of the current year make UAH 38 mln. Equity capital of the bank is UAH 668 mln. or by 2% or UAH 12 mln more than as of January, 1 2013. Return on assets increased by 0.2 percentage points and makes 0.3%. Return on equity increased by 2.1 percentage points and makes 2.4%.
As of October, 1 the bank's spread is 2.4%, since the beginning of the year it has increased by 0.7 percentage points. The margin has increased by 0.5 percentage points and it makes 3.1%.
The amount of rime deposits is UAH 2,306 mln, or by UAH 568 mln. more compared to the beginning of January.
The profit amounts to UAH 11,776 thous; it is twice as much as the same period last year.
Reference. MEGABANK, PJSC has been operating at the banking market since 1990. The shareholders of MEGABANK are the European Bank for Reconstruction and Development (EBRD), the German State Bank (KfW) and the International Finance Corporation (IFC).
The regional network of MEGABANK numbers 181 branches in 22 regions of Ukraine. MEGABANK offers a full range of classical banking services used by 508,000 customers, including 136,000 recipients of pensions and other social benefits.
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