OGRESBANK Posts Figures for 1H2006

Based on 1H2006, Moscow’s OGRESBANK has posted better financial figures year-on-year. Specifically, grand total grew from R13.748 billion to R21.635b. Assets, calculated by analysts, rose from R11.524b to R18.664b. The bank’s own equity grew from R2.059b to R2.512b, pre-tax profit — from R86.262b to R422.750b, clients’ funds — from R5.142b to R11.067b, credits issued to private individuals and legal entities (except credits to banks) rose from R5.008b to R11.322b.

Source: OGRESBANK PRESS SERVICE, August 18, 2006