Platinum Bank presents 2009 Consolidated IFRS Results
Platinum Bank ended the financial year 2009 with a consolidated net profit of $8.7 million as compared to consolidated net loss for the year 2008 of -$4.9 million. At the end of 2009, Capital Adequacy Ratio (CAR) stood at 45.5% and Return on Equity (ROE) reached 9%. Total cost to income ratio in 2009 declined to 47%.
For more detailed information please read the press-release.
For Your Reference:
Platinum Bank is one of the biggest players in the national banking system. It belongs to the 1st Group of Banks according to the rating of the National Bank of Ukraine (over 0.5% of assets of the Banking System of Ukraine). Its regional network includes 69 branches and 1080 points of sales in various regions of Ukraine.
One of the top strategic priorities of Platinum Bank is transactional business. In 2016 Platinum Bank became one of the leaders in crediting for individuals among Ukrainian banks. It is also one of the annual leaders on the market in consumer credit segment.
Also, Platinum Bank is actively working on its Digital Bank project. Among others, it actively develops its pay.ptclick.com.ua platform and Platinum Lab – a lab of financial innovations.
At the same time Platinum Bank actively engages more and more corporate clients, first and foremost in distribution and IT business.
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