About Oschadbank

The Public Joint-Stock Company “State Savings Bank of Ukraine” was established in compliance with Decree of the Cabinet of Ministers of Ukraine of May 21, 1999, N 866 through transformation of the State Specialized Commercial Savings Bank of Ukraine into the Open Joint-Stock Company.

The founder of the Bank is the State in the person of the Cabinet of Ministers of Ukraine. JSC “Oschadbank’ is one of the largest financial institutions of Ukraine. Over 6 thousand of its offices carry out their functions, including the disbursement of pensions, social aid, processing of utility payments and other banking transactions. Taking into account its social orientation the Bank aims at maintaining a wide presence in all regions of Ukraine. 

Oschadbank is the only Ukrainian bank where the deposits and other valuables of citizens are fully guaranteed by the state by law. The Bank has confirmed its status of the stable financial institution; its economic potential empowers it to meet all its liabilities. 

The Bank is actively working in almost all sectors of the Ukrainian financial market; it provides services to large corporate clients, such as offices of the Pension Fund of Ukraine, UDPPZ Ukrposhta, the members of the wholesale electrical energy market at a modern level. 

Oschadbank is the universal banking institution focusing its efforts on creating of favorable conditions for customers servicing, expanding of the banking services and products range in the market.

Financial Statements and Reports

Annual Reports



IFRS Financial Statements



UAS Financials

2015

2014


2013


2012


2011


2010

Financial calendar

This financial reporting timetable contains preliminary dates* of future financial statements releases and other events within PJSC «Oschadbank»

2016
Release of full year 2015 Audited Financial Statement under IFRS April, 2016
Release of 1st Quarter 2016 Results under IFRS April, 2016
Release of Investor Update Presentation based on full year 2015 IFRS data May, 2016
Release of 2nd Quarter 2016 Results under IFRS July, 2016
Release of first half 2016 Interim Financial Statement under IFRS October, 2016
Release of 3rd Quarter 2016 Results under IFRS October, 2016
Release of Investor Update Presentation based on first half 2016 IFRS data November, 2016

* Subject to further update

Key figures and ratios under IFRS

(in UAH bn) 1H 2015 1H 2014         YoY, %
Net interest income before provision 2,7 3,1 -12,9
Net interest (loss) / income -5,5 2,5 -321,9
Net fee and comission income 0,7 0,6 18,0
Operating (loss) / income -7,7 2,2 -443,8
Operating expenses 2,0 1,9 3,5
(Loss) / Profit before income tax -9,6 0,3 -3156,4

(in UAH bn) 1H 2015         YE 2014         YTD, %
Total assets 138,8 124,3 11,6
Loans to customers 65,1 70,2 -7,3
Customer accounts 70,3 56,2 25,1
Total equity 9,8 19,2 -49,0
Share capital 30,2 30,2 0,0

% 1H2015 YE 2014         YE 2013        
ROAE -132,8* -52,1 3,9
ROAA -14,7* -8,9 0,8
Tier 1 ratio 8,7 18,0 23,2
Capital Adequacy Ratio (CAR) 9,2 18,6 24,7
Net Interest margin 3,6* 4,3 5,7

*annualized


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Results' Releases

Credit Ratings

Fitch Ratings
National long-term rating AA- (ukr)
Foreign currency long-term issuer default rating CCC
Local currency long-term issuer default rating CCC
Foreign currency short-term issuer default rating C
Viability rating  ccc
Support rating 5

Moody’s Investors Service
Foreign currency long term bank deposit rating Ca*
Local currency long term bank deposit rating Caa3*
Foreign currency senior unsecured debt rating Caa3*
Local currency senior unsecured debt rating Caa3*
Baseline credit assessment caa3

* ratings assigned to the Bank are brought in line with the country’s ratings