OREANDA-NEWS. February 12, 2010. Promsvyazbank (PSB) has for the first time made it into the top 10 of Interfax-100 list of Russian banks sorted by assets (as at YE 2009, according to RAS), reported the press-centre of Promsvyazbank.

In 2009, PSB moved up one place in the ranking, which is compiled by Interfax-Center for Economic Analysis. The Bank’s assets grew by 4% during the year following the expansion of its funding base in Q4 2009. In particular, corporate funding was up by RUB 43 billion, and retail deposits increased by RUB 17 billion during the 4th quarter.

Interfax-Center for Economic Analysis is a division of Interfax International Information Group. The Center develops macroeconomic forecasts, conducts financial markets research, studies regional economics and analyzes trends in financial and money markets. It regularly publishes rankings (lists) of the largest banks and insurance companies in Russia and the CIS.