May 14, 2014 11:45
CBM double RAS net profit in Q1 to 3.411 bln rubles
MOSCOW. May 14 (Interfax) - The Credit Bank of Moscow (CBM) (MOEX: MSKB) doubled net profit to Russian Accounting Standards (RAS) in the first quarter of the year to 3.411 billion rubles compared with Q1 2013, the bank said in a press release.
Net interest income advanced 48.8% to 4.911 billion rubles, while net fee and commission income grew 66.6% to 1.222 billion rubles.
The lending portfolio, less provisions for impairment, increased 4.5% in January-April 2014 to 342.5 billion rubles. Corporate loans totaled 235.1 billion rubles, and retail loans - 107.4 billion rubles.
CBM's capital to Basel III standards was 63 billion rubles, up 4.4% from the beginning of the year. The bank's capital adequacy (1.0) reached 12.3% as of April 1, 2014, and core capital adequacy was 7.42%.
CBM's assets reached 454.2 billion rubles as of April 1, 2014.
Credit Bank of Moscow was Russia's 14th largest bank by assets at the end of Q1 2014, according to the Interfax-100 ranking.
(Our editorial staff can be reached at email@example.com)
July 22, 2014
Kyiv-based radio station to undergo inspection for broadcasting greeting addressed to self-proclaimed Donetsk People's Republic
Ukrainian Security Service passes case against Russian woman accused of organizing mass unrest to courts
Ukrainian Rada man ban military mobilization of men who are only breadwinners
Three rounds fired presumably from Ukraine explode near customs checkpoint in Rostov region of Russia (Part 2)
Russian govt simplifies application procedure for Ukrainian asylum seekers
First plane carrying Malaysian Boeing crash victims to leave for Netherlands Wednesday - Ukrainian ministry
Parliament of self-proclaimed Donetsk People's Republic elects new chairman in absence of quorum
Interpol specialists start identification of Malaysian jet crash victims' bodies
UKRAINIAN REFUGEES' APPLICATIONS FOR ASYLUM IN RUSSIA MUST BE EXAMINED IN FAST-TRACK PROCEDURE - RUSSIAN GOVERNMENT DECREE
Justice Ministry's expansion of foreign-agent list weakens civil society in Russia - human rights activists (Part 2)
Plane carrying remains of Malaysia Boeing crash victims may leave for Netherlands on Wednesday
Three rounds fired presumably from Ukraine explode near customs checkpoint in Rostov region of Russia
Jury finds two defendants guilty of Georgian general Dumbadze's murder