JSC "CREDITWEST BANK" (Ukraine)

Address

Ukraine

BIC

n/a

Overview

Business Focus

universal banking

Founded in 2006, Creditwest Bank is owned by Altınbaş Holding INC, one of the largest investment and business group in Turkey operating in finance, energy, logistics, and real estate. Creditwest Bank provides retail, business and corporate banking products and services to Ukranian and foreign customers.

Performance

In 2023, JSC "CREDITWEST BANK" achieved the position of 45th largest bank in Ukraine with a market share of 0.07%; its total assets grew by 16.24%.

Additionally, the bank became the 47th profitable bank in relation to its total assets showcasing 0.44% return on assets and 2.32% return on equity in 2023.

Deposit Protection

Deposits up to 200,000 UAH are covered by Ukrainian deposit guarantee scheme in JSC "CREDITWEST BANK".

Market Share (#45 in Ukraine)

Ratios

RoA

0.44%

RoE

2.32%

Financials

Total Assets (2023)

2,593.38 mln UAH (+16.24%)

Net Income (2023)

10.61 mln UAH

JSC "CREDITWEST BANK" ranks as the 45th largest bank in Ukraine by total assets. In 2023 its total assets were 2,593.38 mln UAH, representing a 0.07% market share. In 2023 the bank's net income was 10.61 mln UAH.

Deposit Guarantee

Protected Amount

up to 200,000 UAH

Guarantee Fund

Deposit Guarantee Fund (DGF)

Covered Accounts

any credit balance

Eligible Depositors

individuals

JSC "CREDITWEST BANK" protects deposits up to up to 200,000 UAH per depositor through Ukraine's deposit guarantee scheme. The scheme applies to any credit balance made by individuals. The bank participates in the Deposit Guarantee Fund (DGF), making regular contributions into it.