Sviaz-Bank Ranked 17th among Top Profit-Earners in Banking
OREANDA-NEWS. November 14, 2011. Profil (Profile) magazine placed Sviaz-Bank 17th among the top profit-earning banks as of September 1, 2011, three notches up from its performance from the month before. By September1, Sviaz-Bank’s profit had reached 3.3 billion rubles, a showing the magazine’s analysts could not fail to notice, reported the press-centre of Sviaz-Bank.
With 201.9 billion rubles in net assets, the Bank was ranked 25th, and 18th in equity capital. It also had improved its performance across the board.
With 94 billion rubles out on loan, the Bank is ranked 23rd among banks that had issued the largest amount of loans to private companies.
The above figures were derived by the magazine’s own techniques and may differ from the Bank’s own official figures computed by the techniques prescribed by the Bank of Russia.
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