OREANDA-NEWS. On April 26 UniCredit Bank published financial report for 2015. The bank closed 2015 with UAH 3.225 bn of losses due to loan provisions and the impact of the significant UAH devaluation which particularly affected the first part of the year. In terms of revenues from operating activity the bank recorded a net interest income in the amount of UAH 1.133 billion and net fees & commission income in the amount of UAH 711 million.

"2015 was a very difficult year for the banking system of Ukraine, which, of course, had an impact on our financial results. Last year we had to make provisions to cover potential risks which caused the negative financial result, - said Tamara Savoshchenko, CEO of UniCredit Bank. – Today all bank’s indicators on liquidity and capital adequacy meet requirements of the regulator. In March the NBU approved capitalization plan of our bank, which will make us even stronger. The first tranche of UAH 3.8 bn has already been approved and implemented, at the moment we are getting prepared to proceeding to the second tranche."

At the same time in Q1 2016 UniCredit Bank received UAH 96.789 million profit. Operating income for this period amounted to UAH 716.127.