OREANDA-NEWS. February 04, 2007. Totaling the results for 2007, Commercial Bank Mobiasbanca presents good financial results, reported the press-centre of Mobiasbanca.

Mobiasbanca reports over MDL 91,534 million Net Profit, assuring an increase of 55% compared to 2006.

Total assets have increased in absolute terms by MDL 656,5 million – the 5th rise per system. At the year end the bank’s assets represented MDL 2,607 billion.

The trust of people is demonstrated by the growth in absolute terms of deposits from individuals – plus MDL 488,1 million. – the 4th increase per system. The deposits portfolio from individuals amounted to MDL 1,258 billion – the 5th place on the market.

ROE at Mobiasbanca equals 28,8%, more than the average per banking system (24,0%). ROA at Mobiasbanca is 3,98% for 2007.

The Chairman of the Administrative Board Mr. Jean-Francois Myard has declared:
These financial results show that Mobiasbanca is a well balanced structure, with a strong position on the market, benefiting from the trust of its clients. Mobiasbanca will pursue its strategy and its development with efficiency and performance, as it was planned, with full support from Societe Generale.