Home
/
News
/

Rodovid Bank increases net income 90.1% yoy in 9M08

Rodovid Bank increases net income 90.1% yoy in 9M08

23 October 2008

Rodovid Bank’s (RODB) 9M08 financial results were published yesterday; the bank increased its net income 90.1% to USD 14.7 mln, net assets rose 80.0% to USD 2.7 bln, and boosted its loan portfolio by 81.4% yoy to USD 1.9 bln. Alexander Viktorov: The pace of Rodovid’s nine month performance put it on track to achieve our full-year forecasts. However, we expect asset growth in the fourth quarter to be minimal; as with most other Ukrainian banks, at Rodovid, asset growth is taking second stage to liquidity concerns. The National Bank of Ukraine granted Rodovid Bank about USD 50 mln in refinancing just two weeks ago.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...