Bank of Moscow Announces Results for M9 2010
OREANDA-NEWS. October 22, 2010. The Bank of Moscow summed up the financial results of its work in the first 9 months of 2010. In M9, 2010 the Bank’s balance sheet profit grew up to RUR11.9 bln, with the Bank’s net profit at RUR8.8 bln. The net profit made over the 9 months of 2010 therefore exceeds the net profit made over the entire year 2009 by 8.
Since January 1, 2010 the Bank’s assets according to RAS have demonstrated a 20% increase amounting RUR941.6 bln, and the capital of the Bank of Moscow has risen by 27% up to RUR142.9 bln.
The volume of funds drawn from clients (including loans extended by financial institutions and bonds) has increased by 18% to RUR818 bln. The private customers’ deposits are RUR174.1 bln.
The total loan portfolio of the Bank of Moscow for individuals and legal entities as of October 1, 2010 achieved RUR643.1 bln (a 16% increase within 9 months).
Currently, the Bank of Moscow renders services in 392 points-of-sale in Moscow and Russian regions. In the capital and in the Moscow Region 136 offices worked and 256 offices worked in regions as of October 1, 2010. In addition, services to the public in Moscow and the Moscow Region are provided through a network of post offices (474 post offices).
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