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)
May 28, 2016
Slain Armenian family's successors seek 450,000 euro compensation from Russia
Calls on Rome to solve sanctions problem with Russia should continue - Forte dei Marmi mayor
St. Petersburg policeman gets suspended sentence for beating pastor
Kyiv reaffirms loyalty to West by appointing Rasmussen as presidential advisor - political analyst Pavlovsky
Kyiv lifts sanctions on 29 foreign journalists, including Russia's - Poroshenko's decree
Italian man becomes new Vatican ambassador to Russia
Syrian troops to attack terrorist positions with support from Russian Aerospace Forces - Syrian ambassador to Russia
Eight "A" doping samples of Russian athletes from London Olympics test positive (Part 2)
Eight "A" doping samples of Russian athletes from London Olympics test positive
IOC NOTIFIES ROC OF POSITIVE RESULTS OF TESTS ON EIGHT "A" SAMPLES TAKEN FROM RUSSIAN ATHLETES DURING LONDON OLYMPICS - RUSSIAN OLYMPIC COMMITTEE'S STATEMENT
Control over Raqqa freed from terrorists must be handed over to Syrian authorities - Kosachyov (Part 2)
No significant risk of Zika virus spread during Rio Olympics - Rospotrebandzor chief
Control over Raqqa freed from terrorists must be handed over to Syrian authorities - Kosachyov