30 January 2015

In 2014 Khreschatyk Bank's assets have grown by 2.5% and as of 01.01.15 amounted to UAH 9.044 billion, whereas the bank's liabilities have increased by 4.5% and reached UAH 8.48 billion. During last year the bank has issued over UAH 3.3 billion in business and almost UAH 74 million in individual loans. Customer funds held in our bank have increased by 6.1% to UAH 6.7 billion, including almost UAH 2.79 billion in corporate and UAH 3.9 billion in private funds.

Khreschatyk Bank's fee revenues were growing during the entire past year, having increased by 8% during this period thanks to development of new operations for corporate and individual customers on the basis of highly-efficient advanced banking technologies: payment services, online banking and remote service systems, operations with securities, etc.

Despite the difficult political and economic situation in the country, Khreschatyk Bank showed and continues to show stable performance during the entire past year with strict adherence to all regulations of the National Bank of Ukraine. Khreschatyk Bank's revenues reached UAH 1.322 billion last year. However, almost two-times devaluation of the national currency coupled with the subsequent reevaluation of foreign-currency reserves, and also processes stemming from the annexation of Crimea and occupation of part of the eastern regions of Ukraine had negative impact on the bank's 2014 financial results (UAH 141.1 million).

During the reporting period, Khreschatyk Bank's regulatory capital has increased by almost 9.6% and reached UAH 1.074 billion as of 01.01.15. The authorized capital remained the same (UAH 828.828 million), but in November 2014 the bank's shareholders have resolved to increase the authorized capital amount by UAH 200 million, which will become the first step towards the bank's total capitalization to UAH 1.38 billion in 2015.


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