OREANDA-NEWS. April 18, 2013. Sviaz-Bank has totaled up its performance in the first quarter of 2013 according to the Russian accounting standards.

In three months of 2013, the Bank earned 507.1 million rubles in net profit, 36% more than it did in the first quarter of 2012. It made a net interest income of 1.8 billion rubles and a net operating income of 2.4 billion ruble.

On April 1, 2013, the Bank’s management balance sheet showed 283 billion rubles in net assets, 21% more than they were a year ago.

The Bank had 38.3 billion rubles in equity capital at a capital adequacy ratio of 12.44% (above the minimum 10% required by the Bank of Russia) on the reporting date.

The Bank had 122 billion rubles in its corporate loan portfolio, including loans to legal entities and self-employed entrepreneurs, and another 33.5 billion rubles, up by 3.8 billion rubles, or 12.7% more than it did at the start of 2013. The Bank is building up its mortgage loan portfolio that rose to 25.9 billion rubles on April 1, 2013, or 2.36 times as much as it was in the first quarter of 2012.

On April 1, 2013, the deposit accounts of legal entities showed a total balance of 76.5 billion rubles. The funds accepted by the Bank on deposit from individuals rose to 21.3 billion rubles, 602.9 million rubles, or 3%, more than in the first quarter of 2012.