IIB (International Investment Bank)'s profit for the first three quarters of 2016 amounted to UAH 31,4 million. This figure is twice as high as for the same period in 2015. This information was revealed in the bank's financial statements.
MIB's expenses for the first three quarters of 2016 amounted to UAH 91,4 million. In 2015, this figure was UAH 110,1 million.
IIB's net interest income for the first three quarters amounted to UAH 110 million. The financial institution's income from foreign currency transactions amounted to UAH 11,3 million.
Over the first nine months of 2016, Poroshenko Bank's loan portfolio (read more: Petro Poroshenko: Biography and the Whole Truth About Ukraine's "Chocolate King" ) decreased to UAH 2,15 billion. Client funds also decreased to UAH 4,9 billion.
As a reminder, the main shareholder of PJSC IIB is Petro Poroshenko, who owns 60% of the financial institution's shares.
Read more: Petro Poroshenko: Biography and the Truth About Ukraine's "Chocolate King"
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