January 22, 2014 09:34
Sviaz Bank assets grow 30.5% to 354.6 bln rubles in 2013
MOSCOW. Jan 22 (Interfax) - Sviaz Bank (MOEX: SVZB) increased its assets by 30.5% to 354.6 billion rubles in 2013, the Russian lender said in a press release, citing its balance sheet statement.
The bank's retail loan portfolio grew 60% to 48.5 billion rubles, 70% of which consisted of mortgage loans. Retail loans as a share of the total loan portfolio increased by 2.8 percentage points to 21.4% from 18.6%.
The corporate loan portfolio rose 4% to 133 billion rubles.
Sviaz Bank's net operating income grew 22% to 10.3 billion rubles in 2013. Interest income rose 17% and interest expenditures increased by 16.1%.
The bank's net profit fell 20.6% to 1.43 billion rubles in 2013 from 1.8 billion rubles in 2012.
Retail deposits at Sviaz Bank grew 31.7% to 27.3 billion rubles, with the share of term deposits increasing from 78% to 85%. Corporate deposits jumped 57% to 216 billion rubles.
The bank's equity grew 1.7% to 41.2 billion rubles.
Sviaz Bank was Russia's 24th largest bank by assets, 63rd largest by retail deposits and 36th by retail loan portfolio at the end of the third quarter of 2013, according to the Interfax-100 ranking of the country's lenders.
(Our editorial staff can be reached at email@example.com)
March 01, 2015
Nemtsov commemoration march nearing end in Moscow
Moscow marchers reach Boris Nemtsov murder scene
Detained Ukrainian lawmaker could become suspect in probe into Odesa tragedy - source
Ukrainian lawmaker Honcharenko detained in Moscow
UKRAINIAN LAWMAKER HONCHARENKO, DETAINED IN MOSCOW, COULD BECOME SUSPECT IN CRIMINAL INQUIRY INTO ODESA EVENTS OF MAY 2 2014 - SOURCE
Request for Nemtsov memorial plaque will be considered - Moscow official
Poroshenko signs law on tax-free defense product imports
Over 16,000 gather for Nemtsov remembrance march - Moscow police
Reward offered for information on opposition politician murder
POROSHENKO SIGNS LAW ON TAX EXEMPTIONS FOR DEFENSE-PURPOSE IMPORTS, INCLUDING FOR MILITARY OPERATION NEEDS
INVESTIGATIVE COMMITTEE PROMISES REWARD OF 3 MLN RUBLES FOR INFORMATION ABOUT NEMTSOV'S MURDER VALUABLE FOR INVESTIGATION
Investigative Committee plans additional actions with key witness of Nemtsov's murder
INVESTIGATIVE COMMITTEE ANNOUNCES PLANS OF ADDITIONAL INVESTIGATIVE ACTIONS REGARDING KEY WITNESS OF NEMTSOV'S MURDER ANNA DURITSKAYA