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







Financial calendar

This financial calendar contains preliminary dates* of future financial statements releases and other events within JSC “Ochadbank”

Release of 4th Quarter 2014 Results under UAS January 29, 2015
Release of 1st Quarter 2015Results under UAS April 22, 2015
Release of full year 2014 Audited Financial Statement under IFRS May, 2015
Release of Investor Update Presentation based on YE2014 IFRS data May, 2015
Release of 2nd Quarter 2015 Results under UAS July 22, 2015
Release of Annual Report 2014 August, 2015
Release of First Half 2015 Interim Financial Statement under IFRS October, 2015
Release of Investor Update Presentation based on 1H2015 IFRS data October, 2015
Release of 3rd Quarter 2015 Results under UAS October 21, 2015

Release of 4th Quarter 2015 Results under UAS January 28, 2016

* Subject to further update

Key figures and ratios under IFRS

(in UAH bn) 1H 2014 1H 2013 YoY, %
Net interest income before provision 3,10 2,66 16,5
Net interest income 2,48 1,60 55,0
Net fee and comission income 0,61 0,55 10,9
Operating income 2,23 2,24 -0,4
Operating expenses 1,91 1,61 18,6
Profit before income tax 0,32 0,64 -50,0

(in UAH bn) 1H 2014 YE 2013 YTD, %
Total assets 108,1 101,7 6,3
Loans to customers 63,2 52,2 21,1
Customer accounts 43,7 46,4 -5,8
Total equity 18,8 19,2 -2,1
Share capital 17,5 17,5 0,0

% 1H2014 YE 2013 YE 2012
ROAE 2,3* 3,9 3,8
ROAA 0,4* 0,8 0,8
Tier 1 ratio 20,3 23,2 25,1
Capital Adequacy Ratio (CAR) 21,5 24,7 27,9
Net Interest margin 5,6* 5,7 6,4


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 Ca*
Foreign currency senior unsecured debt rating Ca*
Local currency senior unsecured debt rating Ca*
Baseline credit assessment ca

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