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Business news
St. Petersburg Bank ups H1 balance profit 5.2 fold to 119.2 mln rbl.
08.04.2004 11:40

bank The assets gained 6.4% to 13.4 bln rbl, net loan investments climbed 28% to 9 bln rbl. Clients' funds widened 25% to 10 bln rbl, incl. individual deposits - up 44%, corporate deposits - up 16%.

The number of private clients of the bank was up 26% to 184 ths persons; entities number - up by over 1,400 companies.

The bank was set up in 1990. As of Apr. 1, 2004, St. Petersburg's Invert-Block (4.73%), Petrovsky Trade House (17.7%), Mivex (13.21%), Strelets (16.32%), Strelets-2 (7.69%), Raduga Plus (4.74%) were the holders.

The bank is currently releasing additional stocks to increase stock capital by 3.125 mln rbl from 15.9 mln rbl to 19.025 mln rbl. Additional yield is estimated at 496.88 mln rbl.

News source: www.gateway2russia.com
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