Tuesday, February 19, 2008

Ukreximbank increases net profit 1.3 times to USD 99.21mn in 2007.

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Ukreximbank increases net profit 1.3 times to USD 99.21mn in 2007. Ukreximbank (Ukrainian export import bank) increased net profit 1.3 times y/y to UAH 501.02mn (USD 99.21mn) in 2007. The interest earnings increased by UAH 268.32 to UAH 948.33mn in full-2007. The operational profits amounted to UAH 906.5mn. The commission earnings reached UAH 380.27mn, 31% y/y increase. Ukreximbank is 100% state owned bank with 29 branches and 89 subdivisions over the country. The bank also operates with 800 agency banks over the globe. The bank assets amounted to UAH 28.6bn, credit portfolio stood at UAH 22.35bn, and shareholder equity totalled UAH 2.56bn.

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Ukreximbank increases net profit 1.3 times to USD 99.21mn in 2007.

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