The State Export-Import Bank of Ukraine, or Ukreximbank, is one of Ukraine’s largest banks with end-1Q26 assets of $6.6bn and customer deposit of $5.4bn. Corporates, mostly export/import-oriented businesses and state-owned enterprises, account for the majority of the bank’s loan book. The bank acts as the sole financial agent of the Ukrainian government with respect to loans from foreign financial institutions.
| Year | 2029 |
|---|---|
| Issue Volume ($m) | 100 |
| Coupon Rate (% p.a.) | 10.45% |
| Coupon Frequency | S/A |
| Maturity date | 11/14/2029 |
| Ratings: Fitch/Moody`s/S&P | CCC/—/Caa3/—/—/— |
| Market Price* ($) | 99.00 |
| Market YTM* | 10.80% |
| Spread over UST* | - |
| Note: *Based on bid price. | |
| Year | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total Assets ($m) | 8,017 | 6,460 | 6,943 |
| Total Revenues ($m) | 248 | - | - |
| Net Income ($m) | 71 | (213) | 143 |
| Equity ($m) | 446 | 111 | 242 |
| NIM (%) | - | - | - |
| Equity/Assets (%) | 5.6% | 1.7% | 3.5% |
| ROE (%) | 17.5% | neg. | 81.0% |
| ROA (%) | 1.0% | neg. | 2.1% |