Necessary cookies

The necessary cookies provide for basic functionality, e.g., help to make our site safe, accessible, and, most importantly, functioning permanently. We cannot stop using these files, as our site will not operate properly without them. However, you can disable them yourself by changing your browser settings, but this may affect the functioning of the site.

Analytical cookies

These cookies allow us to count visits and traffic sources. This way, we can measure and improve the efficiency of our site. They help us to recognize the least popular pages and see how visitors navigate the site. The information collected by these cookies is often aggregated, and therefore anonymous.

Advertising cookies

These cookies can be set via our site by our advertising partners. They can be used to profile your interests and show you personalized ads on other sites. They do not directly store personal information but are based on the unique identification of your browser and Internet device. If you do not allow these cookies, the ads shown to you will be less relevant.

Based on the performance during the first 6 months of 2018, PrivatBank’s net profit amounts at UAH 6.926 bn. According to Petr Krumphanzl, PrivatBank’s CEO, implementation of the development strategy focused on increase in efficiency and strengthening the leading position in the retail segment and SME lending enabled the Bank’s financial result of UAH 3.272 bn in Q2 that contributed to a significant financial result for six months.

Based on the performance in Q2, the net commission income of PrivatBank grew by UAH 505 million (15%) and allowed for full coverage of all of its administrative costs. Net interest income for Q2 grew by UAH 528 million (16%). As of July 1, 2018, PrivatBank’s regulatory (Tier 2) capital is UAH 20.5 bn, regulatory capital adequacy ratio (N2) is 18.39% (minimum required 10%), and instant liquidity ratio (N4) is 38.37% (minimum required 30%).

According to PrivatBank’s Development Strategy approved by the Finance Ministry, in 2022 PrivatBank plans to gain UAH 8.4 bn of net profit and would be ready to government’s exit from the capital. During 2018 – 2022, shareholder’s income would total UAH 81 bn, excluding the funds, which PrivatBank intends to recover through courts.

Press Center contacts

Head office address:
1d Hrushevskoho Str., Kyiv, 01001, Ukraine,
press@privatbank.ua