Belarussian Industrial Bank Increases Normative Capital
OREANDA-NEWS. November 27, 2007. Balance profit of JSC “Belarussian Industrial Bank” for ten months of 2007 comprised 2499,6 million Belarussian roubles, reported the press-centre of JSC "Belarussian Industrial Bank".
Bank’s normative capital reached 27,7 billion Belarussian roubles or 9,1 million euro, having increased from the beginning of the year by 19,5 %. Currency of the Bank’s balance has increased during January-October of 2007 by 43,2 %, and totaled to 129,2 billion Belarusian roubles. Bank’s net assets comprised 96,0 billion Belarussian roubles. Growth from the beginning of the year is 22,0%.
The main part of assets is comprised of credits to legal entities and individuals – their part in net assets comprised 45,5%. Professional evaluation of credit risks ensured high quality of assets - share of bad assets as of 01.11.2007 comprised 0,7 % of credit portfolio to the customers. Attracted funds as of 01.11.2007 comprised 68,0 billion Belarussian roubles. Growth from the beginning of the year is 26,2%. Funds of legal entities have increased from the beginning of the year by 17,0% and totaled to 41,7 billion Belarussian roubles as of 01.11.2007.
Bank performs all the norms of safe functioning established by the National bank of the Republic of Belarus for banks and non-banking financial institutions.
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