Alliance Bank partially repayed the refinancing loan of the National Bank

December 29, 2022

"Alliance Bank" made an anticipatory repayment of refinancing loans of the National Bank of Ukraine in the amount of UAH 1.972 billion. The decision of the Bank's management is balanced and is based both on the positive dynamics of the Bank's key performance indicators and on a clear understanding of the Bank's further development strategy in the short- and medium-term perspective.

As of December 1, 2022, the actual amount of the Bank's economic standards of capital and liquidity significantly exceed the standards established by the National Bank of Ukraine, in particular:

  • Capital adequacy, H2: 17.6% (> 10%)
  • Fixed capital adequacy, H3: 8.8% (>7%)
  • LCR multicurrency liquidity coverage ratio: 285.8% (>100%)
  • LCR liquidity coverage ratio in foreign currency: 191.0% (>100%)
  • NSFR Net Stable Funding Ratio: 98.1% (>90%)

In accordance with the updated version of the Strategy, in order to increase the level of diversification of the resource base, the Bank plans to continue to gradually reduce the share of refinancing in liabilities, which, in turn, will have a positive effect on net interest income, and will contribute to strengthening the Bank's financial stability in general.

Since the beginning of the full-scale military invasion of the territory of Ukraine, despite the current state of war and the difficult period in the country, "Alliance Bank" continues to lend to businesses and individuals at low interest rates, offers deposits on favorable terms, and also provides financial support to the Armed Forces. The Bank continues to finance agribusiness under the program of the European Investment Bank, since the support of farmers in 2022 is crucial for the state economy - in particular, in spring, the Bank provided UAH 355 million in financing for sowing.

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