In the 1st half of 2004, the net profits of KB "Zakhidinkombank" LLC increased by 35.3 percent compared to the corresponding period last year, amounting to UAH 895 thousand. As reported at "Zakhidinkombank", in the 1st half of this year they totaled UAH 3,428 thousand. The net interest income of "Zakhidinkombank" in the 1st half of 2004 amounted to UAH 11,501 thousand, which is UAH 774 thousand more than in the 1st half of 2003. The bank's net commission income for the reporting period amounted to UAH 5,900 thousand, which is UAH 771 thousand more than in the 1st half of 2003. The net trading income of "Zakhidinkombank" in the 1st half of 2004 compared to the corresponding period last year decreased by UAH 348 thousand and as of 01.07.2004 amounted to UAH 1,775 thousand. Reference: KB "Zakhidinkombank" began banking operations in August 1995. As of 01.07.2004, the bank's statutory capital amounted to UAH 24.5 million. The central office of "Zakhidinkombank" is located in Lutsk. Today the bank's network numbers 6 branches in Kyiv, Kherson, Odesa, Zhytomyr, Rivne, and Lviv. There are also a number of bank branches operating in these regions. Work is also underway to open branches in Kirovohrad, Poltava, and Ivano-Frankivsk regions.