OREANDA-NEWS. December 31, 2010. The net profit increased due to the growth of interest income and decrease of cost of funding. Bank’s net profit for 3 quarters of 2009 was RUB 60 million.

Center-invest Bank is the leading regional bank in southern Russia, which demonstrates sustainable, balanced growth and accelerated development in the most promising market segments.

3Q results:
— Center-Invest Bank has 1.5 times increase in the volume of loans granted to SMEs.
— Center-Invest Bank entered TOP-100 Russian banks – SMEs partners and occupied:
7th place in terms of the total volume of loan funds provided to SMEs (RUB20.4 billion);
9th place in terms of the number of loans granted to SMEs (2 373 loans);
9th place in terms of SME loan portfolio (RUB13.7 billion).
— Center-Invest Bank granted loans for energy efficiency purposes in the amount of RUB2 billion.
— Volume of retail deposits held with Center-Invest Bank has exceeded RUB20 billion.
— Center-Invest Bank has awarded Don land teachers for the contribution in the development of entrepreneurship.

In Rostov region Center-Invest Bank is the leader among local banks in terms of capital, assets, total loan portfolio and deposits.