OREANDA-NEWS. On April 26, 2007 JSCB “Promsvyazbank”, one of the leading Russian private banks, announced its financial results for the year, ended 31.12.2006, completed in accordance with the International Financial Report Standards, reported the press-centre of  JSCB “Promsvyazbank”. According to the financial statements, last year the total assets of Promsvyazbank increased by RUR 69,6 bln or by 63% year on year to RUR 180,5 bln. The bank’s net income in year 2006 exceeded RUR 2,6 bln, increasing by 1,5 compare to year 2005.


Growth in profitability was caused mainly by the raising of bank’s net interest income and fee and commission income from retail, corporate and investment business of the Bank. Total capital of Promsvyazbank for the same period rose by 71% to RUR 25,9 bln. The bank’s loan portfolio increased by 81% to RUR 116,5 bln from 64,4 in 2006. Total liabilities, amounted RUR 162,2 bln, rising by 64% compare to year 2005.