Sviaz-Bank Named among Top-10 Profit-Making Banks in 2010
OREANDA-NEWS. April 14, 2011. In the estimates of the RBC.Rating Agency, Sviaz-Bank placed tenth among the top 500 profit earners in banking in 2010, with 6.03 billion rubles in net profit as of January 1, 2011, reported the press-centre of Sviaz-Bank.
The Bank’s business was growing much faster in 2010 in all banking sectors than the banking services market in the Russian Federation after it had rolled out a line of new programs and banking products for all groups of customers.
Lending operations developed most intensively. The high business growth rates allowed the Bank to do better than it had planned.
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