Transcreditbank Released Results for 9 Months of 2009
OREANDA-NEWS. October 13, 2009. The financial statements of JSC TransCreditBank in accordance with Russian Accounting Standards for the three quarters of 2009 reflect growth in the most important indicators:
net income increased to RUR 2,6 bn (USD 86,9 mln) compared to RUR 1.2 bn during the same period of 2008;
net assets reached RUR 238.7 bn (USD 8 bn), a 35 % growth from October 1st 2008 (RUR 176.6 bn);
shareholders’ equity increased more than 1.4 times to RUR 28.1 bn (USD 937.6 mln) from RUR 19,5 bn on October 1st 2008;
gross loan portfolio to corporate and retail customers grew to RUR 147 bn (USD 4.9 bn) from RUR 137.7 bn;
customer deposits increased to RUR 171.5 bn (USD 5.7 bn), a 35% growth from RUR 126.9 bn at the end of the 3rd quarter of 2008.
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