JSC Ukreximbank generated UAH 2.05 billion in profit in January-October, the bank’s press service said.
“In January-October, the total profit of the state-owned Ukreximbank amounted to UAH 2.052 billion according to IFRS,” reads the report.
According to the acting Chairman of the Board of Ukreximbank Serhiy Yermakov, in the structure of net operating income in October, the largest share was accounted for interest income generated by the bank’s loan and investment portfolio.
“At the same time, in the wake of the COVID-19 pandemic, the bank adheres to a balanced credit policy and pays considerable attention to the quality of the portfolio,” Yermakov said. (Ukrinform/Business World Magazine)
