Bank of Moscow Announces Results for M11 2010
OREANDA-NEWS. December 15, 2010. The Bank of Moscow summed up the financial results of its work within the 11 months of 2010. In M11, 2010 the Bank’s balance sheet profit grew up to RUR13.8 bln, with the Bank’s net profit at RUR10 bln. The net profit made over the 11 months of 2010 therefore exceeds the net profit made over the entire year 2009 by 9.
Since January 1, 2010 the Bank’s assets according to RAS have demonstrated a 15% increase amounting RUR903.5 bln, and the capital of the Bank of Moscow has risen by 29% up to RUR144.8 bln.
The total loan portfolio of the Bank of Moscow for individuals and legal entities as of December 1, 2010 achieved RUR646.8 bln (a 17% increase within 11 months).
Currently, the Bank of Moscow renders services in 380 points-of-sale in Moscow and Russian regions. In the capital and in the Moscow Region 136 offices worked and 244 offices worked in regions as of December 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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