Investor Presentaiton
UKR
EXIM
BANK
Risk-averse asset structure preserving liquidity vs marginality
Interest margin constrained with cautious pace of risky operations
after the 2014-2015 crisis ...
...as well as maintaining substantial liquidity cushion.
2.7%
2.0%
1.6%
1.9%
43%
44%
51%
49%
88.2%
80.0%
74.7%
68.2%
57%
56%
49%
51%
2016
2017
2018
Customer loans (net) to customer deposits
Net interest margin*
9m2019
2016
Gradual improving cash generating capacity slowed down in 2019 as a
result of accumulating liquidity for Eurobond repayment in April 2019.
11.2
10.5
10.7
11.0
9.3
9.1
8.1
7.7
2017
2018
9m2019
Liguid assets (cash&equivalents and Government bonds)
Other assets
Earnings from commissions and dealing remain stable.
1,230
1,152
1,188
1,000
508
476
478
400
1,404
1,836
701
462
548
607
584
518
2016
2017
2018
9m2019
2016
Interest received, UAH bln
Interest paid, UAH bln
2019
Cash flow from interest bearing operations, UAH mln
*NIM over net customer loans, interbank loans and securities
2017
2018
net commission earnings, UAH mln
dealing results, UAH mln
9m2019
Source: Ukreximbank IFRS financials, managerial data
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