Ukrsotsbank publishes 1Q09 results
27 April 2009
Ukrsotsbank (USCB) published its 1Q09 results on Friday: the bank raised its net interest income by 2.2x yoy to UAH 756 mln in 1Q09, and provision for bad loans by 5.9x to UAH 562 mln. The bank reported positive net income: UAH 54.2 mln (-58% yoy). The bank’s customer accounts dropped 14% qoq, by UAH 2 bln.
