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Ukrgazbank’s bottom line up 122.4% yoy in 9M08

Ukrgazbank’s bottom line up 122.4% yoy in 9M08

17 October 2008

Yesterday Ukrgazbank (UGZB: BUY) reported its 9M08 financial results: net income increased 122.4% yoy to USD 25.8 mln; net assets grew 32% yoy to USD 2.8 bln; its loan portfolio rose 52% to USD 1.5 bln; term retail and corporate deposits each were up 66% yoy, to USD 857.9 mln and USD 403.0 mln, respectively.

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