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Saturday, January 20, 2018

FUIB releases 2014 financial results

The First Ukrainian International Bank (FUIB) released its financial report for the final quarter of 2014 on Monday.

The bank reported a net profit of approximately $3.4 million, a decrease of 87.5 percent from the previous year when the net profits amounted to approximately $27.2 million.

Despite this, the bank reported increases of net interest, trade and volatile income. The former increased by 24.5 percent over 2013, amounting to approximately $160.4 million. The latter increased by a significant 346.4 percent, reaching approximately $40.1 million in 2014.

Clients' funds also saw increases of 19.9 percent in the last quarter of 2014, which accounts for approximately $1.5 billion. Corporate clients' funds saw an increase of 30.8 percent, and individual client funds grew by 10.9 percent in 2014.

Assets for the FUIB amounted to approximately $2.22 billion. The corporate and retail loan portfolios posted approximately $1.53 billion and $338.6 million, respectively.

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First Ukrainian Bank - Ukraine

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