Transcreditbank Reports Its 2009 Results in Accordance with RAS
OREANDA-NEWS. January 26, 2010. Financial statements of JSC TransCreditBank in accordance with the Russian Accounting Standards for the year 2009 reflect growth in the most important indicators:
net income increased to RUR 5.2 bn (USD 171 mln), a 1.5 times growth compared to RUR 3.4 bn in 2008;
net assets reached RUR 242.4 bn (USD 8 bn) vs. RUR 235.3 bn at the end of 2008;
shareholders’ equity increased 1.5 times to RUR 32.4 bn (USD 1.1 bn) from RUR 22.3 bn in 2008;
gross loan portfolio to corporate and retail customers reached RUR 132.6 bn (USD 4.4 bn);
customer deposits increased to RUR 178.7 bn (USD 5.9 bn), an 18% growth from RUR 151.2 bn at the end of 2008.
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