OREANDA-NEWS. July 13, 2011. In early April 2011, Absolut Bank ranked 7th among credit institutions in net profit in Moscow and Moscow Region. According to the rating of Russian banks in the key performance indicators prepared by Banki.ru, Absolut Bank’s net profit amounted to RUB 2.59 bn. The results enabled the Bank to jump 15 lines up in the rating for a month. In addition, Absolut Bank joined Russia’s Top 10 credit institutions in net profit, as the Bank took the 8th place and jumped up by 21 lines in the rating.

Earlier, according to the National Rating Agency’s research published in Profile magazine, Absolut Bank was 27th among most profitable banks. In February 2011, the Bank’s profit amounted to RUB 361.5 m.