Today Agroprosperis Bank published its official financial statements for the six months of 2021. In the second quarter, the bank's assets reached UAH 1.963 billion, which is a third more than a year earlier, and the profit amounted to UAH 2.293 million against a loss of 2.128 million for the same period last year.
Agroprosperis Bank, which finances only small and medium enterprises mainly in the agricultural sector, in the first half of 2021 provided them with almost UAH 500 million in loans, a significant part of which – under the state program "Affordable Loans 5-7-9%" or secured by crop receipts. This allowed increasing the loan portfolio of small and medium-sized businesses to UAH 1.227 billion before reserves, which is by 59% more than last year.
Favorable deposit conditions and the Bank’s reliability contributed to a significant increase in term deposits of individuals – up to UAH 375.8 million, which is one third more than of the same date in 2020. For the convenience of our depositors, in the second quarter we expanded the functionality of AP Bank online banking – from now on it is possible to place, replenish and extend deposits remotely in just a few clicks.
The Bank quarterly reaffirmed the long-term national credit rating at the uaAA level and the highest deposit reliability rating and on a regular basis significantly exceeded the capital adequacy and liquidity ratios of the NBU and the average values of the banking system of Ukraine.
The financial statements are available through the link.