Transcreditbank Announced 9 Months IFRS Results
OREANDA-NEWS. December 21, 2009. The Consolidated Financial Statements of TransCreditBank Banking Group for the first 9 months of 2009, prepared in accordance with the International Financial Reporting Standards and reviewed by Ernst&Young Vneshaudit auditing company, reflects the positive dynamics of the Group's business.
As of October 1st 2009 as compared with October 1st 2008:
- Net profit is RUB 3,6 bln (USD 118 mln), which is a 2,3 times increase over the previous year (RUB 1.6 bln);
- Total assets increased 1.3 times from RUB 189 bln to RUB 247.1 bln (USD 8.2 bln);
- Net loans to customers grew to RUB 153.9 bln (USD 5.1 bln) from RUB 147.1 bln;
- Customer accounts increased to RUB 147.1 bln (USD 4.9 bln), which is a 1.3 times year-on-year increase (RUB 113.4 bln).
TransCreditBank Group’s shareholders equity reached RUB 19.3 bln (USD 642.3 mln) on October 1st 2009 vs. RUB 14.4 bln on October 1st 2008 (a 1.3 times increase).
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