The growth rate of Bank Alliance is much higher than the average for the banking sector

October 07, 2019

BANK ALLIANCE ranked ninth in the Bank Deposits' Reliability (Attractiveness) Ranking, strengthening its position by five points in one quarter.

Link to rating: https://www.rbc.ua/eng/news/ukrainskie-banki-voshli-period-rkogo-rosta-1568638330.html


The Bank's growth rates are well ahead of the banking sector average. Thus, according to NBU data, BANK ALLIANCE net assets increased by 41.32% since the beginning of the year and reached the level of UAH 2 987,946 million as of the end of the first half of the year. position (was 38th at the beginning of the year). The Bank's profit in the first half of the year amounted to UAH 25.777 million and net interest income amounted to UAH 75.510 million. The Bank has secured a 6.43% increase in equity since the beginning of the year, while the share of problem loans in the portfolio remains extremely low - only 2.16%.


“The Bank is constantly expanding its sales channels and range of services, responding promptly to the needs of individual customers and to the signals of the market as a whole. This is what allows us to ensure high rates of development, "- says Taras Kravets, CFO of BANK ALLIANCE, -" This year alone, the Bank received four licenses for new types of activities, expanded the branch network, and selected business verticals in the organizational structure. on Agro Sector, SME, E-Commerce and Private Banking. ”


According to Taras Kravets, the presence of innovative products and individual approach to each of the clients together with high performance indicators, which is confirmed by the external auditor's opinion and raising the Bank's credit rating to uaAAA, allow the Bank to continue to grow rapidly and organically in all key and remain a reliable team member for your clients.

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