OREANDA-NEWS. October 13, 2009. OAO AIKB Tatfondbank ranks 63rd in the rating of top 100 largest Russian banks prepared by Expert, a reputable Russian edition, based on the results of the 1st half of 2009, reported the press-centre of Tatfondbank.

According to the rating, the Bank’s assets as at 1 July 2009 total RUR 48.2 billion, which is by RUR 4.3 billion, or by 9.9% more compared to the previous year. The Bank’s equity as at 1 July 2009 totals RUR 8.3 billion. This is by RUR 2.06 billion, or by 33.3% more compared to figures of the previous year.

‘The growth of assets by a third is a consequence of a considerable inflow of customers and the increased volumes of the attracted funds. The Bank’s equity has grown, first of all, due to the increased authorised capital. As a result of the additional issue, the Government of the Republic of Tatarstan has consolidated some 33% of the Bank’s shares’, said Vyacheslav Vdovin, Director of the Information Analysis Directorate of OAO AIKB Tatfondbank, commenting on the results of the rating.