According to the results of the 1st quarter of 2020, FUIB is one of the most reliable banks in Ukraine

In the first quarter of 2020, FUIB earned a profit of UAH 811 million and entered the TOP-4 of Ukrainian banks in terms of profitability. At the same time, in 2019 the bank's profit amounted to a record UAH 2.6 billion, which is 27% higher than in 2018 and allowed FUIB to enter the TOP-3 in terms of profitability among Ukrainian banks.

At present, the bank's liquidity is almost twice the standards set by the regulator. As of April 1, 2020, FUIB had UAH 3 billion of free liquidity in NBU deposit certificates, UAH 9 billion in sovereign bonds and UAH 12 billion in correspondent accounts and at the bank's cash desk. The liquidity coverage ratio in hryvnia was 240% at a rate of 100%, in foreign currency it was 181% at a rate of 100%.

As of April 1, 2020, FUIB's capital adequacy ratio was 22%, which is more than twice as much as the regulatory value of 10%. At the same time, on April 28, the Annual General Meeting of Shareholders of the bank decided to increase the authorized capital of FUIB according to the results of 2019 by UAH 1.5 billion to UAH 4.7 billion. Due to this, the fixed capital ratio will improve to 16% with a standard of 7%.

"In the first quarter of 2020, FUIB earned a profit of UAH 811 million and entered the TOP-4 of Ukrainian banks in terms of profitability. Today, the bank's liquidity and capital adequacy ratio are almost twice as high as the standards set by the National Bank. This result testifies to the stability and reliability of FUIB. Our business model has proven its effectiveness in several crises and now the bank is ready for the challenges of 2020," states Serhiy Chernenko, FUIB's Chairman of the Board..

FUIB successfully passed the stress testing of the National Bank and according to the new methodology of the NBU, FUIB was recognized as a system-forming bank, which imposes additional obligations on the bank, in particular to ensure uninterrupted operation and fulfill all obligations to customers.

FUIB is a reliable partner and always strives to support its customers in difficult situations. Thus, with the beginning of quarantine in connection with the coronavirus epidemic, the bank offered loan repayment holidays to its individual customers and favorable conditions for loan restructuring for corporate clients.

Today, FUIB is the largest Ukrainian bank with private capital, which has been stable in the banking market of Ukraine for 28 years, has been tested by several crises and has proven its reliability. We are trusted by 1.5 million individual clients and 66,000 corporate clients. 40 of the TOP-100 largest companies in Ukraine are our clients.