OREANDA-NEWS. June 20, 2008. URSA Bank is pleased to announce the release of its financial statements per IFRS for the first quarter of 2008. The Russian version of the report can be downloaded here. The English version will be available shortly.

The key financials of the Bank are in line with the management estimates published earlier and look as follows:

 Total Assets 7,539.9 
 Shareholders' Equity    1,289.4
 Net Income      66.3
 Loan Portfolio, Net      5,788.5
 Customer Accounts  2,426.9
 Return on Average Equity  27.9%
 Return on Average Assets  3.9%
 Net Interest Margin  9.9%
 Total Capital Adequacy Ratio  17.9%
 Cost to Income Ratio  36.9%
 NPL (more than 90 days) /  Gross Loans  3.7%
 Provisions / Gross Loans  3.8%