MOSCOW, October 27 /PRRussia/ — In the past nine months of 2006, the Bank of Moscow made a 5.7 billion rouble ($212 million/E168m) profit, a 20% rise year-on-year and an equivalent to last year’s profit. Net assets grew by 42% Y/Y to 314b roubles ($11.7b/E9.3b). Calculated in accordance with Central Bank of Russia’s methods, the bank’s equity was up 23% Y/Y to 34.1b roubles ($1.3b/E1.0b) as of October 1, 2006. In the period under review the number of corporate clients rose by 12% to 88,100 and that of individual clients by 20% to 6.7m people. As of October 1, 2006, the Bank of Moscow had a total of 283.7b roubles ($10.6b/E8.4b) on client deposits, including bank resources and promissory notes. Of the total 75.6b roubles ($2.8b/E2.2b) was on personal accounts, including card accounts. The Bank of Moscow ranks third among the Russian banks in funds on personal accounts. Of the total 6.5m plastic cards issued by the bank as of October 1, 2006, Muscovite social insurance cards accounted for 4.3m. With its 1,044 ATMs, their number rose by 22% Y/Y. As of October 1, 2006, the Bank of Moscow had an aggregate 221.1b rouble ($8.2b/E6.5b) credit portfolio, a 37% boost Y/Y. Loans made to individuals nearly doubled to 26.6b ($991m/E784m).
Source: Bank of Moscow press service
