Ukrgasbank will transfer UAH 350 mln of profit to help Armed Forces of Ukraine

17:20, 02.03.2022 1 min read

State-owned Ukrgasbank (Kyiv) will transfer all of its profit for February - UAH 350 million - to help the Ukrainian army, the bank's press service said.

"Ukrgasbank will allocate all its profits for February to support the Ukrainian army, which is UAH 350 million," the statement says.

The bank recalled that it is possible to support the Ukrainian military in the EKO-BANK Online mobile application of the bank, where it became possible to transfer funds to the account of the Come Back Alive organization.

Ukrgasbank was founded in 1993. The state, represented by the Ministry of Finance, owns 94.94% of the shares of the financial institution.

According to the data of the National Bank of Ukraine (NBU), as of October 1, 2021, Ukrgasbank ranked fifth in terms of total assets (UAH 121.19 billion) among 71 banks operating in the country.