Kreditprombank Completed 2010 with Profit
OREANDA-NEWS. February 07, 2011. By results of 2010 net profit of the PJSC "Kreditprombank" according to the national accounting standards made UAH 25,3 MIL. Net interest income reached UAH 562 MIL, net fee and commission income made about UAH 93 MIL, reported the press-centre of Kreditprombank.
Net assets of the bank by results of 2010 made UAH 14,2 BIL. The loan portfolio reduced by 9,6% - to UAH 10 BIL. At the same time the volume of loans granted to legal entities amounted to UAH 7,5 BIL, to natural persons – UAH 2,5 BIL.
Total liabilities of the bank as of 01.01.2011 made UAH 12,4 BIL. Balances on term accounts of legal entities for 2010 increased by 73,4% and reached UAH 1,2 BIL, on accounts of natural persons increased by 69% and made UAH 4,1 BIL.
As of 01.01.2011 the equity of the PJSC "Kreditprombank" amounted to UAH 1,8 BIL. The capital adequacy ratio considerably exceeds the standard requirement (at least 10%) and equals to 21,7%.
"Kreditprombank” completed the year with profit in situation when the bank system of Ukraine in general has shown negative financial result", notes Viktor Leonidov, Chairman of the Management Board, PJSC "Kreditprombank". – "I am sure that it will become a positive signal for all our customers, shareholders and partners", he stressed.