In the first nine months of 2006, UKHTABANK (Russia’s Komi Republic) recorded the pretax profit of R124.7 million, up 56.9% year-on-year. The net profit stood at R99.3m, up 55.6% Y/Y. Own capital have increased by 13.6% from the start of the year to R801.8m. The volume of assets based on analytical data remained nearly unchanged at R5.578b as of October 1. The credit portfolio for enterprises involved in the real economic sector was at R1.462b. Accounts receivable rose 72.8%, from R540m to R993m. The volume of funds placed by legal entities on settlement and deposit accounts stood at R1.404b. The volume of individual deposits grew by 12% to R3.118b.
Source: FINNEWS.RU, October 24, 2006
