RAS net profit generated by Novosibirsk Municipal Bank in 2013 totaled Rub 241 mln, the lending institution said in a press release. The lender noted that net profit nearly doubled on the year.
As of January 1, 2014 the bank’s aggregate assets topped Rub 11 bln, while capital came to Rub 1.5 bln (up 17% y-o-y) as of December 31, 2013. The bank’s aggregate credit portfolio before reserves, including loans and funds lent to banks, expanded 5% to Rub 7.7 bln (the retail credit portfolio grew 4.4% to Rub 3.2 bln).
The money deposited by households into accounts also increased. The indicator rose 6% to Rub 4.4 bln.
