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Poroshenko defends his bank after profits widen 190% in Q1
Journal Staff Report

KIEV, May 15 Ц President Petro Poroshenko on Sunday defended his bank for making handsome profits this year, suggesting it was due to a change in regulation. He said the figures were checked by the National Bank of Ukraine.

International Investment Bank (IIB), in which Poroshenko owns 60% stake, expanded profits 190% on the year to 26.8 million hryvnias in Q1 from 8.99 million hryvnias in Q1, 2016.




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Currencies (in hryvnias)
  24.05.2017 prev
USD 26.30 26.34
RUR 0.465 0.466
EUR 29.50 29.62

Stock Market
  23.05.2017 prev
PFTS 276.9 278.4
source: PFTS

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