Oschadbank gets UAH 849M in net profit in Jan-Sept 2021

The net profit of JSC Oschadbank reached UAH 849 million in January-September 2021, according to the bank’s press service.

"In the first nine months of 2021, Oschadbank reports on an operating profit totaling UAH 4.6 billion; compared to the same period last year, the figure grew by UAH 4.2 billion. At the same time, the negative trading result (mainly due to hryvnia strengthening and relevant indexation of securities in Oschadbank’s capital) amounts to UAH 3.8 billion. Accordingly, the net profit of Oschadbank totals UAH 849 million over the three quarters,” the report says.

The volume of loans issued to clients over the first nine months grew by UAH 10.1 billion or 15.9%, compared to the beginning of the year, and amounted to UAH 73.3 billion.

As Ukrinform reported, the net profit of Oschadbank amounted to UAH 513 million in the first half of 2021.

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