In 2Q’20 the UKRSIBBANK has posted NPAT (net profit after tax) of UAH 671M
Net banking income reached
2,8 Bn UAH
Q2 2019 to 6%
The operational expenses reached 1.8Bn UAH (+7% YoY). The increase indicates the bank transformation commitments by investing in Human and IT capital despite the outbreak of Covid-19 and strong reduction of interest rates.
Cost of risk amounted -216M UAH due to negative base effect and impacted by Covid -19 in Q2 2020.
Solid Capital Adequacy Ratio of 26.49%, far above the minimum level of 10%, leaving room for further responsible growth.
In a context of a Covid-19 crisis that is both unique and violent UKRSIBBANK employees have been able to meet client needs swiftly and comprehensively.