INTERFAX. In the January-March quarter of 2008 Akibank raised its assets by 2.9% to Rub 12.48 bln. The credit portfolio jumped 11.8% to Rub 9,726 mln, balances on settlement accounts grew 2.5% to Rub 5,569 mln, private deposits jumped 4.1% to Rub 2,709 mln and equity rose 6.1% to Rub 1.93 bln. The lending institution generated Q108 pre-tax profit of Rub 91.57 mln or 21.8% more than in the same period a year ago.

In 2007, Akibank ranked 140th in terms of assets in the Interfax-100 ranking, prepared by Interfax-CEA.