BTA Bank Receives Profit RUB 192 Mln
OREANDA-NEWS. October 22, 2009. According to the outcome of business in July – September 2009 profit of LLS “BTA Bank” over 3Q2009 totaled 192 million rubles. Growth of net income from purchase and sale of foreign currency as well as reduction in growth rate of interest expenses of the Bank and assignments to provisions on loans became the principal source of profit, reported the press-centre of BTA Bank.
According to the ranking by Kommersant DENGI made on the basis of data as of July 1, 2009, the Bank takes the 36th place in TOP-200 of largest Russian banks in respect to the size of capital. In 3Q this year the portfolio of deposits of individuals is up 24%, exceeding at the end of the quarter 6 billion rubles, with the number of opened deposits with the Bank as of the end of the quarter reached almost 19 thousand.
The fact of profit according to the results of 3 months of operation in the third quarter together with growth of sales of passive retail products is the evidence of strengthening of the positive trend in development of the Bank’s business under the current market situation.
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