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30 July 2021

Raiffeisen Bank got more than 2.3 billion of profit in the first-half of 2021

Raiffeisen Bank received a profit in the amount of UAH 1.25 billion as for the 2nd quarter of 2021, and UAH 2.33 billion since the beginning of the year. As in previous periods, this result is one of the best among Ukrainian banks.

Raif net interest income reached UAH 3.83 billion for January-June 2021. It is 3% more than in the same period last year. The received bank`s commission income for the first half of the year amounted to UAH 1.18 billion (comparing to the same period in 2020 - UAH 1.20 billion).

Raiffeisen Bank's assets have grown by 9.4% since the beginning of this year and amounted to UAH 117.40 billion. The bank credited actively - its loan portfolio increased by more than 20% since the beginning of the year and reached UAH 54.97 billion.

For 6 months of 2021 bank`s liabilities increased by 10.5% compared to December 31, 2020 and now is up to UAH 104.27 billion. As before, Raiffeisen Bank is trusted in Ukraine and is one of market leaders in attracting clients` funds. As for the latter, Raif has shown the increase of 11.3% from the beginning of 2021 and it has been amounted to UAH 98.18 billion as of June 30.

Raiffeisen Bank has sufficient capital (amounted to UAH 13.12 billion as for the end of June 2021) and good liquidity indicators. The capital adequacy ratio of the bank is 16.13% as of June 30, 2021 (according to NBU established minimum requirements of 10%).

Raiffeisen Bank JSC is the largest Ukrainian bank with foreign capital, which has been operating on the market since 1992.

Beginning in October 2005, Raiffeisen Bank Aval is part of the Raiffeisen Bank International AG Group, Austria. At the end of June 2021, the RBI Group owned 68.26% of Raiffeisen Bank shares, another 30% is owned by the European Bank for Reconstruction and Development.

The Bank offers a wide range of standard and up-to-date banking services used by more than 2.6 million customers via the nationwide network, included 393 branches and about 1,800 ATMs throughout Ukraine, as well as Raiffeisen Online and Raiffeisen Business Online mobile applications.

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