Bank of Moscow Announces Results for 10 Months 2009
OREANDA-NEWS. November 19, 2009. The Bank of Moscow has announced results for 10 months 2009. As of November 1, 2009 the Bank’s balance sheet profit amounted RUB1.9 bln, net profit — RUB 1.3 bln. The Bank’s assets have grown up to RUB795.3 bln (4.3%).
As of November, 1 the loan portfolio was RUB508.4 bln, the volume of funds attracted from individuals was RUB155.8 bln.
Since January 1, 2009 the Bank’s capital has soared 36% to RUB113.5 bln. The Bank was increasing its loan loss provisions, which as of November 1, 2009 reached RUB 24.7 bln. The loan loss provisions to the loan portfolio is 7%. The capital adequacy ratio of the Bank (CBR N1) increased to 17%.
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