OREANDA-NEWS. For a period of 9 months of 2015, Vnesheconombank Group recognized a loss of 133.0 billion rubles as compared to a loss of 86.3 billion for a period of nine months of 2014.

Net interest income amounted to 49.5 billion rubles, a decrease of 23.5 billion rubles, (-32.2%) from the same period in the previous year (73.0 billion rubles).

Interest incomes increased by 32.0 billion rubles (+15.8%) fromthe nine months of 2014 to 233.9 billion rubles, for the most part as a result of the growth of 37.3 (+29.5%) billion rubles in interest incomes to 163.7 billion rubles under credits to customers caused but the increased portfolio of such creditsas compared to the same period of 2014.

Interest expenses increased by 55.5 billion rubles (+43.1%) to 184.4 billion rubles. The growth was caused for the most part, by the increase in interest expenses on funds raised from banks and the Bank of Russia 23.1 billion rubles (+50.3%) and on issued debt securities - by 22.5 billion rubles (+70.1%)on funds raised from customers and the Russian Government - by 9.6 billion rubles. These changes ware also caused by the growth in the volumes andof the raised funds and the growth of the ruble equivalent of interest expenses on issued debt securities denominated in foreign currencies.

In nine months of 2015, expenses on transactions with investment financial assets available for sale was 24.5 billion rubles. They increased by 19.8 billion rubles The main reason for it was the fact that unrealized negative revaluation of bonds recognized earlier in the Bank' capitalwasbooked to expenses.

In nine months of 2015, net incomes from the original recognition of financial instruments, changes in contractual terms and conditions and early repayment amounted to 7 billion rubles. The recognition of income worth 14.5 billion rubles in nine months of 2015 was caused for the most part by the recognition of income from rolling over the deposit of the Federal Treasuryfor a period of 10 years at a below market rate to fund through VEB's subsidiary - JSC SME Bank banks and legal entities involved in supporting small and medium-sized enterprises.

Non-interest expenses (except for expenses on forming other reserves and reserves against depreciation of other assets) decreased by 1.1 billion rubles to 46.3 billion rubles in the accounting periodfrom nine months of 2014.

Expenses on forming reserves against depreciation of assets and other reserves amounted to 139.0 billion rubles in nine months of 2015 against 186.8 billion rubles in the same period of 2014.