COMINBANK REPORTS ON THE RESULTS OF THE FIRST HALF OF THE YEAR

Public Joint-Stock Company «Commercial Industrial Bank» demonstrates dynamic growth in all directions in the first half of the current year:

Thus, the bank's assets for the first half of the year grew by 74% to UAH 538.7 million, including the loan portfolio  grew by 71% to UAH 234.3 million.

The volume of funds attracted from clients in six months increased by more than 100% to UAH 319.2 million. The total liabilities of the bank grew by 94% to UAH 327.5 million. Equity grew by 49% to UAH 211.2 million.

The net profit of the bank on an accumulating basis from the beginning of the year amounted to UAH 1.683 million, which is 38% more than for the same period of the previous year. 

The network of branches as of the date of the press release counts 23 points of sale.

Background:

JSC "Commercial Industrial Bank" - is a universal bank that has been providing services to corporate clients and private individuals for over 23 years (registered by the NBU on December 3, 1993) and is presented on the market under the ComInBank brand.

In November of the past year, the international investor Mr. Stephen Paul Pinter, owner and director of the international group of companies GML with the head office in London, United Kingdom, became the shareholder of the bank. The GML group was founded in 1983, has offices in London, Kyiv, Moscow, Genoa, and Tbilisi, and carries out the management of assets in the amount of over USD 600 million (including a part of assets invested in state securities of Ukraine and debt instruments of some of the leading corporate issuers of Ukraine).

In March 2017, the Standard Rating rating agency once again confirmed the reliability of the bank, updating the rating to uaA (stable).

In May 2017, "Commercial Industrial Bank" for the second time entered the group of 50 leading banks of Ukraine according to the "FinClub" information agency.

JSC "COMINBANK"
JSC "COMINBANK"
Joint-stock company "Commercial Industrial Bank"