OREANDA-NEWS. February 09, 2010. According to the 2009 year results Bank Moscow-Minsk showed dynamic growth of the key financial parameters. On January 01, 2010, the Bank’s gross total assets reached the mark of BYR 1 796.1 billion, what by 4,4% exceeded the appropriate figure as at December 31, 2008, reported the press-centre of Bank Moscow-Minsk.

For the reporting period the resource base, calculated according to the approached approved by the National bank of the Republic of Belarus reached BYR 1 160,4 billion.

On January 01, 2010, the loan portfolio of Bank Moscow-Minsk grew to BYR 956,0 billion, increased by 21.5% to the figure of the portfolio as at December 31, 2008. Corporate loan portfolio increased by 38,0% and reached BYR 556,3 billion. On January 01, 2010, corporate loan portfolio constituted 58,2% of aggregate loan portfolio of the Bank. The volume of retail loans for the reporting period grew to BYR 399,7 billion, having increased by 4,1% in comparison to the figure as at December 31, 2008.

For the reporting period the volume of deposits attracted from corporate clients increased by 45,4% and amounted to BYR 527,1 billion, retail deposits increased by 34,9% and reached BYR 300,2 billion.

Equity capital for 2009 year (according to local regulatory standards) increased by 31,5% and constituted to BYR 189,9 billion.

The Bank’s financial performance during the 2009 year resulted in the increase in after tax profit up to BYR 50,6 billion, what exceeds the after tax profit reported for the same period in the previous year by 7,9 %.

The above results allowed the bank to strengthen its positions as one of the most efficient and dynamic financial institution in the Republic of Belarus.

At present time the Moody's Investors Service assigned the following global scale ratings to Bank Moscow-Minsk: Ba3 long-term local currency and B2 long-term foreign currency deposit ratings, Not-Prime (NP) short-term foreign and local currency deposit ratings, and an E+ bank financial strength rating (BFSR).