OREANDA-NEWS. July 31, 2008. According to the audit of OJSC “RODOVID BANK” financial statements for the year 2007 produced by the audit company “KPMG Audit” (KPMG) RODOVID BANK continues to demonstrate high growth rate of assets, loan portfolio and equity capital. As of December 31, 2007 net assets amounted to UAH 9,94 bln, which is 2,7 times higher than as of the end of 2006 (3,68 bln). Loan portfolio as at reporting date amounted to UAH 6,14 bln, whereas it stood at UAH 2,18 bln at the end of 2006. Equity capital of the Bank reached UAH 1,2 bln for accounting period comparing to UAH 445 mln as at the end of previous year.

“RODOVID BANK will continue developing universal banking services for corporate and individual clients constantly increasing the range and quality of services provided. It will allow the Bank to achieve stable growth of own financial indicators.” – stated Igor Yegorenko, Head of Funding and Investor Relations, International Business Department of OJSC “RODOVID BANK”.

Detailed audit report of OJSC “RODOVID BANK” in accordance with IFRS you can find at the “Investor Relations” section of the Bank’s corporate web-site.