Oschadbank’s net profit reaches over UAH 100 mln in H1 2018

Oschadbank’s net profit reaches over UAH 100 mln in H1 2018

The net profit of PJSC Oschadbank made up UAH 108.4 million in January-June 2018.

This is stated in a press release issued by Oschadbank, which is available to Ukrinform.

"Oschadbank ensured profitable activity in the first half of 2018. As of July 1, 2018, the net profit of Oshchadbank totaled UAH 108.4 million," reads the report.

Oschadbank took the second place in terms of assets, credit and deposit portfolios. Due to the dynamics of growth of Oschadbank commission income, namely an increase of 1.3 times from the corresponding period last year, the bank retained one of the leading positions  in the market by this indicator. The accounts of individuals grew by UAH 5.5 billion. The growth rate totaled 6.3%, which 2.3 times exceeds the similar indicator in the banking system - 2.8% respectively.


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