Nordea Bank earned net profit of Rub 2.61 bln in January-June 2016, exceeding the year-ago indicator by 3.2%, the lending institution's press service reported.
The bank's regulatory capital under the Basel II-III standards increased to Rub 44 bln, up 2.6% from Rub 42.9 bln a year ago.
"In the current market conditions, the bank continues to generate profit and maintains the credit portfolio quality at a steadily high level. The bank's N1 capital adequacy ratio is also high," Nordea Bank management board chairman Mikhail Polyakov commented.As of July 1, 2016 Nordea Bank's credit portfolio, including inter-bank loans, came to Rub 287.78 bln. As of the balance sheet date the financial institution's assets were recorded at Rub 320.03 bln.