Pivdenny Bank continues to demonstrate stable growth in net profit according to results from the first half of 2019
Pivdenny Bank completed the first half of 2019 with a net profit of UAH 160 million, which is 36.7% higher than the same period last year.
As of 1 July 2019, Pivdenny Bank maintained its high positions in the banking system – 12th place in assets, 12th place in funds of legal entities and 10th place in funds of individuals. Pivdenny Bank is steadily strengthening its position on the financial market. Over the past 5 years, the bank has more than doubled its market presence: the share of net assets increased from 0.89% in 2013 to 1.82% as of the end of 2018.
The active growth and a stable market position of Pivdenny Bank were recognised by the National Bank of Ukraine in granting the bank the status of a systemically important bank.
We would like to remind you that according to the results of 2018, the net profit of Pivdenny Bank amounted to UAH 274 million, which is more than five times higher than the same indicator for the previous reporting period.
The financial statements of the bank are available on the website.