OREANDA-NEWS. March 26, 2008. MBRD increases its net profit ratio in 3.4 times. As of the end 2007 pure income amounts up to RUB2,12 bln which is on 246% more than total results as of 2006.

Net profit rising was caused by retail business development, financing small and medium business and expanding regional network, also by grown client base and range of products and services.

“Active retail business development and dynamic regional expansion are the main priorities of MBRD and the Bank’s growing business volumes in 2007 demonstrates our desire to achieve higher goals. MBRD reached such results due to stable finance growth, placing shares on global markets, bringing new corporative and retail clients and varying range of services for customers”, noted Sergey Zaytsev, Chairman of the Management Board.