FUIB continues to demonstrate strong performance across all key banking indicators in 2024. The bank's net profit for 9M 2024 reached UAH 5.18 billion, placing FUIB among the Top 5 most profitable banks in Ukraine.
Over nine months of this year, the bank's assets increased by 8.2% to UAH 165.97 billion. By the end of the third quarter, the bank's equity stood at UAH 22.88 billion, 31.6%+ higher than at the end of 2023 (UAH 17.39 billion). As of 1 October 2024, FUIB ranked among Ukraine's Top 10 banks by asset size, and among Top 5 privately-owned banks.
Tens of thousands of domestic companies and millions of Ukrainians continue to entrust their funds to First Ukrainian International Bank. As of 1 October 2024, the bank held UAH 135.5 billion in client funds. This figure represents a 7% increase compared to the end of 2023. The accounts of individuals — including accounts, term deposits, and savings accounts — amount to UAH 52.8 billion, showing a growth of 10.9%. Meanwhile, the funds of corporate clients total UAH 82.6 billion, up by 4.8%. In addition to the opportunity to earn interest, which provides additional profits to companies, placing deposits with FUIB is consistently regarded as a safe and reliable method for keeping funds.
Over 9M 2024, the bank's loan portfolio increased by 21.3% to UAH 63.1 billion. Of this, B2B loans amount to UAH 48.96 bn (+16%), while retail loans amount to UAH 14.16 bn (+44.1%). This rapid increase in demand for FUIB retail loans points at the bank's favourable rates for individual customers.
As of 1 October 2024, FUIB ranked among Ukraine's Top 5 banks by retail loan portfolio in UAH, and placed second by the size of corporate loan portfolio in UAH.
"Despite all the negative factors that Ukraine is facing due to war, we see that the country's financial sector is recovering and even growing. FUIB's performance is a great example of this trend. Our indicators prove that we move in the right direction, and we will continue to work for the Ukrainian economy and our victory!"
says FUIB's Board Chairman Serhiy Chernenko.
FUIB is also actively working to support the country. Over 9M 2024, FUIB paid UAH 1.73 billion of income tax. Since the full-scale invasion began, FUIB has contributed over UAH 9 billion in taxes and fees to the national budget, making it one of the top five largest taxpayers in the banking sector. Additionally, the bank has allocated more than UAH 670 million to social projects, including UAH 275 million towards supporting the Ukrainian Defence Forces.
