Investor Presentaiton
UKR
EXIM
BANK
Returning to profitability with stabilized loan quality
Stabilized asset quality after 2014-2015 crisis allowed the Bank
to return to profitability in 2017.
Operating profitability maintained at appropriate level decreasing
in 2018 due to compression of net interest income and
reasonable growth of operating expenses.
-1.0
-0.7
-5.8
2016
2.3
0.8
0.5 0.8
2017
2018
-1.2
9m2019
Financial assets impairment (charge)/reversal, UAH bln
Loss/profit (net), UAH bln
Net interest income preserved decreasing in 2018 due to IFRS9 effect
and transformation of balance sheet structure*
61%
63%
41%
34%
4.5
4.1
2.2
1.5
1.7
1.7
3.6
2.7
2016
2017
2018
9m2019
Operating income before provisions, UAH bln
Operating expenses, UAH bln
Cost to income ratio, %
Stable commission and dealing income.
13.7
1.2
12.3
12.1
1.1
1.1
10.4
9.5
9.8
0.9
9.3
0.5
7.5
0.5
0.5
0.4
3.2
2.8
2.2
1.7
0.7
0.6
0.6
0.5
2016
2017
2018
9m2019
2016
2017
2018
9m2019
Interest income, UAH bln
Interest expense, UAH bln
Net comission income, UAH bln
Net interest income, UAH bln
Dealing results (FX, securities and precious metals), UAH bln
2019
* reflects decrease of investment securities portfolio in 2018
as well as measures taken by the Bank to close open FX position
Source: Ukreximbank IFRS financials, managerial data
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