JSC CIB earned a profit of UAH 6.280 million in the first half of 2019

Based on the results of the first half of 2019, JSC «CIB» received a profit in the amount of UAH 6.280 million. Positive dynamics of the key revenue items of the Bank were observed. Thus, based on the results of six months of 2019, compared to the same period of 2018, the volume of interest income grew by 67.98% and amounted to UAH 86.448 million, net interest income increased by 35.75% and amounted to UAH 43.385 million, and commission income grew by 3.05% and amounted to UAH 27.057 million.
 
During the specified time, the key balance sheet indicators of Joint-Stock Company «Commercial Industrial Bank», compared to the beginning of the year, demonstrated the following growth rates:
 

assets grew by 3.38%; equity grew by 1.77%; share capital grew by 7.87%

The Bank continued to grow the resource base through attracting funds of individuals: during the period from 31.12.2018 to 30.06.2019 their volume grew by 17.53%.
 
Over the past half-year, JSC «CIB» maintained a good level of business activity through the increase in volumes of funds of individuals and the loan portfolio. The Bank continues to stably grow revenues, generates profit, while maintaining a high margin under the regulatory capital adequacy ratio and under liquidity ratios.
JSC "COMINBANK"
JSC "COMINBANK"
Joint-stock company "Commercial Industrial Bank"