Bank of Moscow Announces Results for July
OREANDA-NEWS. August 19, 2009. In July, 2009 the Bank’s balance sheet profit grew up to RUR831 mln, with the Bank’s net profit at RUR340 mln. Since August 1, 2008 the Bank’s assets have demonstrated a 33% increase amounting RUR802 bln, and the capital of the Bank of Moscow has grown RUR 38.9 bln (60%) up to RUR 103.3 bln. In July, 2009 the Bank of Moscow placed 13 th issue of shares (RUR20 bln), which resulted in a substantial capital growth, the press-centre of Bank of Moscow reported.
The volume of funds drawn from clients (including loans extended by financial institutions and bonds) has increased 30% to RUR706 bln since August 1, 2008. From the same period, the private customers’ deposits have grown 27% to RUR160.8 bln.
In July, 2009 the volume of funds attracted from individuals increased RUR9.4 bln (6.2%). The Bank of Moscow is ranked #3 among Russian banks in terms of funds drawn from private clients.
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