Categories: economy

The Bank’s profit Poroshenko growing

For 9 months the Bank increased the profit to 78.36 million.

International investment Bank has increased its net profit by 2.5 times to 78,364 million hryvnia compared to the same period in 2016 (31,4 million). This is evidenced by the financial report of the Bank.

As noted, the 1st quarter of the IIB worked with profit of 26.8 million, 2nd quarter with a profit of 26.1 million 3rd quarter profit of 25.5 million UAH.
Net interest income of the Bank for the period amounted to 123 million, net fee and Commission – 66 million hryvnia.

The Bank’s assets in 2017 rose 1.3% to 6.9 billion UAH, the credit portfolio decreased by 11.5% to 1.9 bln hryvnia, and liabilities – 1.4% to 6.3 billion.

2016 MIB finished with a profit of 42.6 million hryvnia.

President Petro Poroshenko indirectly owns a 60% stake in the Bank. Another major shareholder is the first Deputy Chairman of the faction Block Petro Poroshenko Igor Kononenko with a share of 14.9% of the shares.

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