In H1, Ukreximbank reduced profit by 7.7% to UAH 679.1 million
In january-June, Ukeximbank, state-owned export and import bank, reduced net profit by 7.7% to UAH 679.127 million compared with the same period of 2017 (UAH 736.194 million).
It was stated in the bank’s financial report. Ukreximbank finished Q1 with UAH 258.6 million profit, Q2 with UAH 420.5 million profit.
At that, the bank’s assets reduced by 6% to UAH 160.1 billion, loan portfolio — by 6.7% to UAH 63.1 billion, equity capital — by 39% to UAH 8.6 billion over the reporting period.
Ukreximbank, PJSC, is 100% owned by the state.
© Banknews
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