On October 21, during the 10th Ukrainian Banking Forum report, the Chairman of the Board of the IBOX Bank transactional bank, Petr Melnik, announced the main results for the first nine months of 2021. Today, a detailed report was published on the bank’s official website.
The bank actively continues to develop the segment of legal entities. From January to September 2021, the volume of legal entities funds increased by 215% compared to the same period in 2020: from UAH 1.27 billion in 2020 to over UAH 4 billion in 2021.
“Our key financial indicators confirm that the transactional business strategy is the most effective in terms of finding a stable position in the market and scaling the business within it. Such an approach opens a lot of opportunities for us to develop further our strategic areas, such as IT resources, security, and financial stability,” said Peter Melnik, Chairman of the Management Board at IBOX Bank.
In addition, IBOX Bank confirmed the record return on the capital funds in 2021 at 93.38%. It is one of the highest results in the group of banks with private capital in Ukraine.
In September 2021, the IBOX Bank successfully launched payments with Garmin Pay for Visa cards and became a participant in the securities market trading at the “Ukrainian Exchange.”
IBOX Bank is a classic and genuinely versatile bank with over 30 years of experience. The bank provides all types of banking services. In 2020, IBOX Bank changed its strategy and focused on becoming a full-cycle transactional bank.
