Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   

AGRO PHOTO

FIELD DAY CONTINENTAL FARMERS GROUP
 


Home > News

Raiffeisen Bank Aval gained more than UAH 2 bn profit for the first half of 2020

11.08.2020 13:45 "Agro Perspectiva" (Kyiv) From the beginning of the year 2020, Raiffeisen Bank Aval has been demonstrating positive dynamics in financial indicators. In 2Q 2020, the bank gained profit sized UAH 1.03 bn, and since the year beginning, the cumulative revenue of the bank has amounted to UAH 2.07 bn. Such indicator is one of the best results in the banking system of Ukraine.

«In spring 2020, we found ourselves in extraordinary conditions. The pandemic has dramatically changed the life in our country and in the whole world, said Oleksandr Pysaruk, Chairman of the Board of Raiffeisen Bank Aval. — Our bank has been successfully coping with `new challenges of the current time, staying an efficient and profitable institution with a great safety margin.

Despite the difficult situation, our teams common efforts have allowed us not only to provide a smooth operational activity of the bank and uninterrupted service of our clients, but also to bring a number of modern banking products onto the market. We continue active development of our digital channels and offering new client service solutions, as our goal is to be more convenient and close to our clients».

Net interest incomes of Raiffeisen Bank Aval were UAH 3.72 bn in January-June 2020, what is by 5.3% more than in the same period of the previous year. For the first two quarters, the bank has received net commission incomes amounted to UAH 1.2 bn (5.9% growth as compared with the result as of 30 June 2019).

Raif assets have increased significantly — to UAH 97.2 bn as at 30 June this year in comparison with UAH 82.8 bn as at the end of the previous year (17.4% growth), including customer loans that made UAH 44 bn as of the end of June 2020 (a decrease by 7.1% comparing with the end of June 2019).

Liabilities of the bank have increased by 17.6% in comparison with 31 December 2019, up to UAH 82.1 bn. Meanwhile, customer funds have increased to UAH 79.12 bn (18.5% growth for the first six months of 2020).

As in prior periods, Raiffeisen Bank Aval has a sufficient capital base (as at 30 June 2020, the banks capital amounted to UAH 15.14 bn) and a good liquidity position. The capital adequacy ratio was 22.62% as of 30 June 2020 at the NBU required minimal level of 10%).

Raiffeisen Bank Aval JSC was founded on 27 March 1992. Since October 2005, the bank has become part of the Austrian banking group Raiffeisen Bank International AG. As at 30 June 2020, Raiffeisen Group owned 68.28 per cent of the shares of the bank, and the European Bank for Reconstruction and Development hold 30 per cent of the banks stock.

Raiffeisen Bank Aval offers a wide range of banking services to 2.5 million clients through its nation-wide regional network of about 453 branches all around Ukraine.

Agro Perspectiva

< French wheat crop down almost 25 percent and wheat exports projected to decline All news for
11.08.2020
Cargill works to positively impact communities where employees live and work >

04.12.2020  
14:15 World 2020 cereal production forecast reduced further
13:50 FAO Food Price Index rises sharply
13:25 EBRD supports Ukrainian pet food producer Kormotech
03.12.2020  
16:10 Thailand: Rice export prices increased 1-3 percent
16:05 FAO and partners advocate for inclusive food systems to combat rural poverty
01.12.2020  
14:05 Draft state budget for 2021 submitted to Rada for consideration at second reading
30.11.2020  
15:10 Belgian Regains African Swine Fever-Free Status
29.11.2020  
01:20 HPAI Detected in Commercial Turkey Flock in Sweden
25.11.2020  
13:50 Poland has been the EUs largest turkey meat producer since 2017
12:01 Global 2020/21 Sugar Production is Estimated Higher United States, India, and Brazil Up 10 to 40 Percent
10:50 HPAI Detected in Commercial Flock in Denmark
23.11.2020  
17:10 FAO urges G20 to support farmers, protect the vulnerable and invest in innovation
18.11.2020  
17:00 Decline of Ukraine's GDP slows to 3.5% in Q3, 2020 statistics
16:35 Bulgarian grain trading has been slower than the previous season
12.11.2020  
12:21 Bosch and BASF establish joint venture for digital technologies in the agricultural sector
08:50 Lower Sunflower Seed Production in Ukraine and Russia Tightens Global Oilseed Supplies
10.11.2020  
17:00 Global almond production for 2020/21 is forecast 15 percent higher to 1.7 MMT
09.11.2020  
10:48 Despite a cut in world cereal production, this years forecast output remains an all-time high
08.11.2020  
14:50 Global food prices continue rising in October
05.11.2020  
12:15 BASF and TECNALIA accelerate R&D of new crop protection products through digitalization
03.11.2020  
17:00 Scrapie Identified in Sheep in Iceland
16:35 National budget receipts target met by 109.8% in Oct Treasury
28.10.2020  
17:00 European Bank for Reconstruction and Development and FAO approve COVID-19 technical support package
16:45 2020 EU milk deliveries will grow by one percent
27.10.2020  
16:41 Pork. Global productionisforecast 4 percent higher in 2021 due to rebounding output in countries affected by ASF
26.10.2020  
17:00 FAO and OIE kickstart global initiative to stop spread of deadly pig disease
16:50 KWS Group achieved an approximately 15% increase in net sales to 1.28 billion in fiscal 2019/2020
16:35 NBU keeps key policy rate at 6%
23.10.2020  
13:00 Cargill invests to promote circular economy with its first multi waste- and residues-based biodiesel plant
21.10.2020  
13:55 International prices of wheat and maize rose sharply in September but those of rice edged down
20.10.2020  
20:45 ACC insists on early adoption of law on govt bond issue for settlements with 'green' energy
20:25 New Zealands milk production in 2021 is forecast at 22 MMT
16.10.2020  
15:10 Despite the threat of the COVID-19 pandemic and lumpy skin disease, Taiwans $1.5 billion dairy sector remains strong
15.10.2020  
15:10 IMF improves assessment of Ukraine's GDP fall in 2020 to 7.2%, growth to 3% in 2021
12.10.2020  
11:35 Manitou Group formalizes its partnership with NEOLINE to reduce its carbon footprint
09.10.2020  
16:25 Inflation in Ukraine grows by 0.5%, falls to 2.3% year-over-year in Sept statistics
15:30 Prospects for U.S. Corn in Latin America
08.10.2020  
16:10 World Bank predicts Ukraine's GDP fall by 5.5% in 2020 with 1.5% growth in 2021
15:25 Cereal markets to remain well supplied in 2020/21
14:25 Prices of several staples up to multi-month highs
05.10.2020  
16:30 UAE consumption of chicken meat products has fallen but stabilized
15:05 Ovostar creates JV with Dutch JMMMTJL to sell egg products
13:30 EBRD provides working capital loan to Ukraines Astarta
30.09.2020  
18:20 FAO's Committee on Agriculture focuses on how livestock sector transformation can contribute to achieving the SDGs
17:45 Argentina forecasts 2021 chicken meat production up 2% at 2.23 MMT
29.09.2020  
16:35 CNH Industrial announces subsidiary notes offering
28.09.2020  
17:15 Czech Republic Sees Solid Harvest Despite Initial Drought
23.09.2020  
14:55 Russian Federation. Steady demand for chicken meat and ample feed supplies are expected to lift production to 4.725 MMT in 2021
14:40 World peach and nectarine production is forecast down 1.1 million metric tons to 21.0 million
22.09.2020  
12:15 High-level roundtable calls for strengthened collaboration in the Near East and North Africa

Also available: 

Agrarian Week in digital



READ ON-LINE




NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2020 © Agrarika, ltd.
tel.: +380 44 4868119; +380 44 5934540
e-mail: client@agroperspectiva.com