First Ukrainian International Bank (FUIB) generated UAH 1.25 billion in net profit in H1 2020. We remind that FUIB's net profit for the same period of the pre-crisis 2019 was UAH 1.27 billion.
The bank's operating income for six months of 2020 stood at UAH 3.61bn versus UAH 3.41bn in 2019. The net interest income before transfers to reserves grew by 41% year on year to reach UAH 3.21bn.
In H1 2020, the net fee revenue made UAH 765mn.
The bank capital went down by 8% because of dividend payments to shareholders, making UAH 8.38bn.
FUIB's assets make UAH 59.56 billion, and liabilities stand at UAH 51.18 billion. Client funds equalled UAH 48.34bn in H1 2020.
As of 30 June 2020, the bank's net loan portfolio amounted to UAH 30.57bn, including UAH 11.72bn in retail loans. Consumer lending, a long-time top segment, gave way to the credit card segment, which has grown by 22% YTD to reach 69% of the retail lending portfolio.
FUIB continues to increase its capital adequacy, which reached 19.91% by the end of Q2 2020.
Please read the full financial statements on FUIB's website.