Rosbank's Capital Jumps 42% in 2007
OREANDA-NEWS. February 22, 2008. ROSBANK capital used for calculating the obligatory economic standards made up RUR 35,309.33 mln. as of January 1, 2008, demonstrating a 42% increase compared to RUR 24,931.83 mln. as of January 1, 2007, reported the press-centre of Rosbank.
The bank’s assets value grew 35% in 2007 and reached RUR 510,928.81 mln. as of January 1, 2008 (RUR 379,160.74 mln. as of January 1, 2007).
ROSBANK’s clients had a total of RUR 314,310.67 mln. in their accounts as of January 1, 2008, which is 38% up from RUR 228,289.75 mln. as of January 1, 2007.
The pre-tax profit for Y2007 reached RUR 5,63 bln.
According to the Chairman of the Board Alexander Popov, last year ROSBANK has successfully increased its capital in order to maintain high growth rates of debit and credit operations. "The bank proved its financial stability and demonstrated good results despite adverse conjuncture, prompted by the world liquidity crisis", he noted.
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