OREANDA-NEWS. On 21 April 2009 was announced, that TransCreditBank’s RAS statements for the first quarter of 2009 point to growth of its key performance indicators:

– net assets reached RUR 210 bn (USD 6.2 bn) which is a 1.6 times y-o-y increase (RUR 134.6 bn as of april 1, 2008);

– the bank generated RUR 1.9 bn (USD 56.9 mln) in net profits vs. RUR 0.23 bn a year ago;

– over the year shareholders’ equity grew from RUR 14.3 bn to RUR 25.4 bn (USD 748.3 mln) or 1.8 times.

As of april 1, 2009 the bank carried on its books a total of RUR 135.3 bn (USD 3.9 bn) of loans which is 44 % up from the last year’s figure of RUR 94.2 bn. Notably, the retail loan portfolio increased to RUR 49.4 bn or USD 1.5 bn (30 % y-o-y growth).

The bank recorded a 1.6 times y-o-o growth of balance of funds on clients’ accounts and deposits with the bank which now stands at RUR 137.3 bn (USD 4.1 bn).