OREANDA-NEWS. October 01, 2014. MEGABANK summed up its results of operation for the 8 months of 2014. According to the results as of 1 September the total loan portfolio of MEGABANK was UAH 5,649 million. It increased by UAH 1,007 mln. or 22% since the beginning of the year.

The volume of fixed-term funds of the bank is UAH 2б042 mln. From the beginning of the year they reduced by UAH 258 million or 11%. Demand deposits of customers amounted to UAH 1,278 million as of 1 September. Since the beginning of the year they increased by UAH 136 million or 12%.

Net assets of the bank amounted to UAH 6,320 mln. that is by UAH 882 million or 16% more than at the beginning of the year. The bank's equity amounted to UAH 703 million at the balance sheet date. Capital increase from the beginning of the year by UAH 28 million provided a positive financial result of the current year.

Since the beginning of 2014 margin increased by 0.3 percentage points and as of 1 September it was 3.54%.

Spread the bank amounted to 2.88%, it rose by 0.4 percentage points from the beginning of the year.

Return on assets is 0.6%, return on equity is 5.2%. Return on assets increased for the year by 0.2 percentage points, return on equity – by 2.2 percentage points.

The amount of reserves for active operations increased by UAH 68 million or 26% from the beginning of the year.

Profit for the 8 months of 2014 amounted to UAH 24,067 thousand which is almost three times higher than the result of the same period last year.