According to the report, the bank’s loan portfolio grew by 5.9% to reach $8.49 billion. This figure includes a slight (0.66%) increase in corporate loans, which reached a total of $6.99 billion. Also, Privatbank managed to boost the volume of loans issued to individuals by 40%, to $1.5 billion.
The volume of securities expanded by 78.1%, to $587 million. Funds of individuals increased by 34.88% to reach $1.46 billion, whereas corporate funds rose by 9.48% and reached $6.04 billion.
The bank’s charter capital added another $1.75 billion and currently stands at $5.6 billion.
The bank also presented some economic requirements figures as of January 1, 2018. Capital adequacy (N2) was 13.87% with the requirement of at least 10% (early 2017 N2 was 2.1%), instant liquidity requirement (N4) was 32.7% with the limit of at least 20%, current liquidity (N5) – 152.91% (at least 40%), short-term liquidity (N6) – 98.11% (at least 60%).
According to the bank’s forecast for 2018, the corporation expects to obtain a net profit of $144.2 million.