The lending institution’s Q109 net profit jumped by Rub 115 mln or 39.5% y-
At the end of Q109 the lender’s instant liquidity ratio came in at 25.56% or nearly 100% higher than CBR requirements. This constitutes an objective indicator of the lender’s strong creditworthiness. The bank’s 2008 equity totaled Rub 10.78 bln, skyrocketing 185.6% y-o-y. At the beginning of 2009 the bank’s fixed assets came to Rub 8.17 bln, leaping 247.3% year on year.
According to the data from Banki.ru and news agency Interfax-CEA, as of January 1, 2009 net assets of Gazenergoprombank totaled Rub 101 bln (36th place in Russia). The lending institution is a member of the national deposit insurance system.
