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Interfax.com  |  Interfax news  |  CBM double RAS net profit in Q1 to 3.411 bln...


News headlines


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.

Kh ak

(Our editorial staff can be reached at eng.editors@interfax.ru)

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December 17, 2017
 
20:05
Putin thanks Trump for CIA info on terrorists who prepared blasts in St. Petersburg - Kremlin
 
19:34
PUTIN ASSURES TRUMP THAT SHOULD RUSSIAN SPECIAL SERVICES HAVE INFO ON TERRORIST THREATS AGAINST U.S., THEY WILL IMMEDIATELY PASS IT TO AMERICAN COUNTERPARTS - KREMLIN
 
19:25
PUTIN ASKS TRUMP TO CONVEY WORDS OF GRATITUDE TO CIA DIRECTOR, U.S. INTELLIGENCE OPERATIVES, WHO HAVE OBTAINED INFO ABOUT TERRORIST ATTACKS BEING PREPARED IN ST. PETERSBURG - KREMLIN
 
19:21
PUTIN THANKS TRUMP BY PHONE FOR CIA INFO ABOUT TERRORISTS, WHO HAVE PREPARED BLASTS IN ST. PETERSBURG - KREMLIN
 
18:07
 
17:26
Saakashvili's supporters fail to take over building in central Kyiv to set up their HQ
 
16:37
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16:32
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16:26
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