OREANDA-NEWS. October 7, 2008. Gross profit for 3Q 2008 amounted to RUR 674.2 million including balance profit for September 2008 in the amount of RUR 45.9 million. Gross profit for 9 months 2008 increased by 42% to RUR 3,137 million compared to the same period of the previous year as a result of the Bank’s business growth and interest income increase.

The Bank’s assets increased by 44% (incl. 1.4% assets growth in September 2008) and amounted to RUR 180.8 billion as at October 1, 2008.

The corporate accounts increased by 3% for the 3Q2008 to RUR 95.8 billion as at October 1, 2008 while the retail customer accounts increased by 15% for the 3Q2008 to RUR 47.1 billion. In September 2008 the corporate customer accounts increased by 2% or RUR 4.4 billion while the retail customer accounts increased by 2.2% or RUR 1 billion.

The loans and advances to customers increased by 50% (incl. 3% growth in September 2008) and amounted to RUR 152.9 billion as at October 1, 2008.

Compared to January 1, 2008 Bank’s equity increased by 17% to RUR 20.6 billion as at October 1, 2008.