OREANDA-NEWS. October 05, 2007. According to the 9 months results Bank “Moscow-Minsk” showed dynamic growth of the key financial parameters. On October 01, 2007, the Bank’s gross total assets reached the mark of BYR 773,2 billion, what by 77,9% exceeded the appropriate figure as at December 31, 2006, reported the press-centre of Bank “Moscow-Minsk”.

For the reporting period the resource base, calculated according to the approached approved by the National bank of the Republic of Belarus, increased by 67,0% to BYR 536,5 billion.

On October 01, 2007, the loan portfolio of Bank “Moscow-Minsk” grew to BYR 315,5 billion, i.e. in 1.7 times to the figure of the portfolio as at December 31, 2006. Corporate loan portfolio increased by 49,0% and reached BYR 189,4 billion. On October 01, 2007, corporate loan portfolio constituted 60,0% of aggregate loan portfolio of the Bank. The volume of retail loans for the reporting period grew to BYR 126,1 billion, having increased by 123,2% in comparison to the figure as at December 31, 2006.

For the reporting period the volume of deposits attracted from corporate clients increased by 26,6% and amounted to BYR 170,8 billion, retail deposits increased by 88,2% and reached BYR 115,0 billion.

Equity capital for 9 months of the year 2007 (according to local regulatory standards) increased by 20,8% and constituted to BYR 91,5 billion.

The Bank’s financial performance during the 9 months of the year resulted in the increase in after tax profit up to BYR 16,3 billion, what exceeds the after tax profit reported for the same period in the previous year by 46,1%.

The above results allowed the bank to strengthen its positions as one of the most efficient and dynamic financial institution in the Republic of Belarus.