Friday, December 16, 2016

GUS: 11.4 billion rubles of profit of banks – the pulse of the Business

borrowing Costs for the sector niefinansowego increased by 5 per cent., up to 1 billion 200 thousand UAH. rubles, while deposits increased by 9.1 per cent., to 970,5 billion.

GUS report it appeared that the evaluation of banking activities from January to September this year increased by 9.5 per cent to 45.4 billion rubles. Result interest income grew by 8.7 per cent., to the level of 28.3 billion rubles, and the income of banks from dividends was higher by 33.3 percent. and amounted to UAH 1.3 billion. The overall assessment of assets and financial liabilities and for exchange rate differences income increased by 42.7 per cent., to 6.3 billion UAH. Result for fees and commissions decreased by 5.6 percent. and amounted to 9.5 billion rubles.

GUS said that the cost of banking has increased in this period by 13.8 per cent., 23.8 bln. The employee expenses amounted to 50.1%. these costs, i.e. 11.9 billion rubles (an increase of 5 percent). The total expenditure of the Board increased by 24.3 percent, to 11.9 billion roubles, mainly due to tax expense from certain financial institutions.

From the report on the results of the banks showed that off update for impairment of financial assets amounted to 5.3 billion rubles (1.1 percent. more than a year earlier), of which 97.9 per cent. this value for impairment losses of loans and advances. Depreciation of fixed assets and intangible assets increased by 3.4 percent. and amounted to 2,2 billion UAH. The reserves increased by 86,9%., to the level of UAH 0.8 billion.

“compared to the same period of 2015. the improvement in performance of banking activities and as a result, with the rest operating activities was higher than the increase in the cost of Bank shares, amortization and reserves and the value of copies of the updated impairment of assets”, – the report says. “As a result, the result from operating activities increased by 0.8 billion RUB (5.5%). and amounted to 14.8 billion rubles. Income tax relative to continuing activities amounted to RUB 3.4 billion (26.3 per cent. more than a year earlier),” he added.

GUS reported that over three quarters of 2016. net profit in the amount of 11.8 billion rubles reached the banks 604 and a net loss in the amount of 0.4 billion UAH suffered 19 banks. Net loss was shown 10 commercial banks (including eight branches of credit institutions), as well as nine cooperative banks.

balance sheet total of the banking sector by the date of 30 September 2016. amounted to 1 billion 665 million 500 thousand PLN and was by 3.7 percent. higher than a year earlier. The largest position assets loans and other payments, their value amounted to 1 billion 173 million 300 thousand. rubles (growth by 3.2%). and they accounted for 70.4 per cent. assets. On the liability side the dominant position of financial liabilities measured at amortized cost, and have reached a value of 1 billion 420 million 400 thousand. rubles (4.8 percent. more than a year earlier), which accounted for 85.3 per cent. obligations. The share capital was increased by 5.9 per cent., up to 182.3 billion rubles, and their share in pasywach was 10.9 percent.

the report shows that the value of loans granted by banks of the region niefinansowemu and assistance of governmental and municipal institutions as at 30 September 2016. – made 1 billion 95 million 100 thousand rubles, which meant an increase of 4.7 percent. compared with the state a year earlier. Loans region niefinansowemu amounted to 91.3 percent. this amount made 1 billion 200 thousand. rubles (an increase of 5 percent), including loans to enterprises – 346.4 billion rubles. (an increase of 5.5 percent) and for households 647,5 billion (4.7 percent). Loans to businesses were in the majority (56.4 per cent). deposits of SMEs. Loans to households 80.8 per cent. accounted for the total loans for residential property (388,9 billion rubles, including 132,1 billion is denominated in Swiss francs) and consumer loans to individuals (134,2 bn).

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