BINBANK (Moscow) has increased its net assets by 30.4% from the start of the year to R54.6 billion, the bank’s press service has reported. Net receivables grew by 47.6% to R49.4b. The volume of client funds, disregarding banks, rose 33% to R40.8b, including personal deposits (up 29.4%). The volume of deposits grew by 48.8% to R15.3b. The bank’s profit stood at R316.4m, up 66.8% year-on-year. As of October 1, 2006, the own capital was at R6.8b.
Source: WWW.NOVECON.RU, October 26, 2006
