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 firstname.lastname@example.org)
March 27, 2015
Russian deputy defense minister, U.S. analysts discuss intl, regional security, arms control
P5+1 foreign policy chiefs, Iran may meet in Lausanne on March 19 - Kerry-Lavrov conversation
Moscow slams "cynical attempts" to consign WWII lessons to oblivion
LAVROV, KERRY DISCUSS IRAN NUCLEAR PROGRAM DEAL, AGREE ON POSSIBILITY TO HOLD MEETING BETWEEN P5+1 FOREIGN POLICY CHIEFS, IRAN IN LAUSANNE ON MARCH 29
OSCE mission: Half of homes in Shyrokyne destroyed, others damaged
Suspected killer of Ukrainian Security Service officer detained - Poroshenko
Moscow sees release of nearly 700 prisoners in Syria as sign of intention to reach political settlement
DPR tells OSCE it will hold military exercises
OSCE monitors hear 133 explosions during visit to Donetsk airport - report
Ukraine accuses militia forces of multiple ceasefire breaches
Two militiamen's bodies swapped for 22 dead Ukrainian soldiers - spokeswoman
Russian MICEX stock index falls to lowest level since Jan 20