Ukrgazbank’s Net Profits Triple In 1H07.

25 July 2008

In 1H07 Ukrgazbank’s (UGZB: BUY) net income grew by more than 3x yoy to USD 8 mln. The bank’s assets also grew 37.8% over the same period to USD USD 333 mln. In related news Ukrgazbank also announced that it was planning a UAH 300 mln (USD 59 mln) local bond issue.

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