UkrSibbank BNP Paribas Group reports profit in HQ 2015

UkrSibbank BNP Paribas Group has finished the second quarter of 2015 with UAH 395 m of profit. This allowed the bank to report positive result for the first half of the year: UAH 76 m of profit.

UkrSibbank BNP Paribas Group has finished the second quarter of 2015 with UAH 395 m of profit. This allowed the bank to report positive result for the first half of the year: UAH 76 m of profit.

UkrSibbank’s assets grew by 35% reaching UAH 35.7 bn, authorized capital amounted to UAH 1.857 bn (+4,3%), loan portfolio increased by 19%. Notably, UkrSibbank also managed to attract 47% more deposits.

“Today UkrSibbank has a classic business model of BNP Paribas, and it gives positive results, — says Philippe Dumel, Chairman of the Management Board of UkrSibbank BNP Paribas Group. — Of course, we still have a lot of work to do, specifically to find a solution to the problem of foreign currency borrowers. We are fully committed to find a mutually acceptable solution on a case by case basis. Globally I am confident about the future and further development of our bank in Ukraine.”