KYIV, July 11 – The consolidated profit of Alfa-Bank and Ukrsotsbank, which are completing their merger, will be around UAH 1.5 billion in 2019, General Manager of the board of the Alfa-Bank banking group, Board Chairman of Ukrsotsbank Ivan Svitek has said in an interview with Interfax-Ukraine, giving his forecast.
"So far, Ukrsots (bank) is still pulling us down on this indicator, but the situation has changed dramatically... By the end of 2019, we plan to reach a total profit of UAH 1.5 billion. Our profit growth dynamics is one of the highest in the market," he said.
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