IBOX BANK (JSC IBOX BANK) recorded a fivefold increase in income in 2021

2022-01-11
news-post

According to the results of 2021, the income of IBOX BANK (JSC IBOX BANK) increased fivefold, and the bank’s total assets increased by 90% to UAH 3.8 billion.

The credit and investment portfolio showed a growth of 67%, and the book equity increased by 136%. All this affected the financial result, which also increased compared to 2020 by 378%.

Our main financial indicators at the end of last year confirm that the transactional business strategy is the most effective from the point of view of finding a stable position at the market and development. In 2022, the bank will continue to focus on transactional business, introducing the latest global technologies of the banking sector for legal entities and individuals”, – Petro Melnyk said, the Chairman of the Board of IBOX BANK.


We will remind you that last year IBOX BANK continued to expand the network of offices, released new card products, together with the partner Moneyveo., Contactless payments Apple Apple Pay, Google Pay and Garmin Pay have been launched together with Visa.

In December 2021, IBOX BANK launched a mobile application for smartphones running Android and iOS.
Also last year, the bank started payments in favor of casinos that have received a license from the Commission for the Regulation of Gambling and Lotteries of Ukraine.