OREANDA-NEWS. July 22, 2009. IFRS net profit of JSC "BPS-Bank" totalled BYR 27.7 billion for the 1st quarter of 2009 increased by 10.1% compared with BYR 25.1 billion for the 1st quarter of 2008, reported the press-centre of BPS-Bank.

Operating profit before provision for the 1st quarter of 2009 totalled BYR 51.2 billion, up 51.8% compared with the 1st quarter of 2008.

Net interest income before provision for the 1st quarter of 2009 amounted to BYR 43.4 billion up 68.8% compared with the 1st quarter of 2008.

Net non-interest income was BYR 67.8 billion in the 1st quarter of 2009, up 34.4% compared with the 1st quarter of 2008.

The loan portfolio before provision amounted to BYR 3,292.5 billion at the 1st quarter of 2009. For credit risk minimization purposes provision for impairment losses on interest-bearing assets was increased in 1.16 times compared with the beginning of the year and amounted to 159.7 billion (4.9% of the outstanding loans).

Total assets amounted to 4,349.3 billion at the 1st quarter of 2009, assets growth rate compared with the beginning of 2009 was 2.5%.

The equity grew up by 3.2% compared with the beginning of 2009 and reached BYR 575.1 billion.

The Capital Adequacy ratio (CAD) was 15.8% at the 1st quarter of 2009.

Return on equity (ROAE) made 19.55 %. Return on assets (ROАA) made 2.58%.

Earning assets to total assets ratio made 87.5%.