BSGV Summed Up Results of Its Activity in 3Q 2008
OREANDA-NEWS. October 28, 2008. Bank Societe Generale Vostok has summed up the 3d quarter results – the period ended with the essential growth of all basic indicators, reported the press-centre of BSGV.
BSGV capital as of October 1, 2008 amounted to 8.2 bln rubles that is 49% higher than last year analogue. The volume of assets was up by 100% reaching 170.4 bln rubles (+119% in a year).
The net income of the bank also increased and reached 4.72 bln rubles; the net profit totaled to 907.7 mln rubles that is 93% higher than the data as of October 1, 2007.
Being a universal bank, BSGV demonstrated active development of both retail crediting and corporate loans: the loan portfolio as of October 1, 2008 amounted to 130.2 bln rubles (+126% comparing to the result as of October 1, 2007). The volume of deposits reached 44.2 bln rubles, that is 75% up in comparison with the result as of the corresponding date in 2007.
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