Wednesday, June 1, 2011

Raiffeisenbank seriously earned

But still take a few billion rubles. During the first half of 2010 Raiffeisenbank has increased its net profit under international accounting standards to 3.75 billion rubles. That is 4 times more than the same period last year, when the income was only 909 million rubles. Due to investment in securities and loan portfolio growth has managed to increase assets by risk level to 13.81%. During the year the number of shares was increased by 64.3% to 86.2 billion rubles. Own funds for the six months increased by 3.3%. According to the deputy chairman of the bank's Sergey Monin, a credit institution is preparing to enter the market borrowing, including syndicated loans, Eurobonds and ruble-denominated bonds. While at the moment, Raiffeisenbank has eurobonds for $ 400 million, which will be repaid in 2017. Also registered three bonds totaling 20 billion rubles. - On them will pay off in 2015. Now in circulation is only one issue for 10 billion rubles. with scheduled maturity in 2013. Why this bank additional funds - remains a mystery. In the first half of 2010, he also showed a significant growth rate: its net profit rose to 14.6 then again - from 0.57 to 8.43 billion rubles. Raiffeisenbank is included in the thirty largest credit institutions in Russia.

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