OREANDA-NEWS. December 23, 2010. Promsvyazbank has announced its 3Q2010 financial results under IFRS, reported the press-centre of Promsvyazbank. 

Net profit for 9M2010 was reported at RUB2.2 bn, of which RUB1.6 bn was generated in Q3. The share of NPLs had gone down to 11.3% as at 1 October 2010 reflecting the persistent downward trend since 1Q2010 when the NPL level peaked at 13%. The Q3 total capital adequacy ratio considerably improved to 15.2% vs. 14% at the end of 1H2010.

An updated Investor Bulletin of Promsvyazbank provides a more detailed discussion of 3Q2010 financial results and is available at http://eng.psbank.ru/292/411/