The 2007 Net Profit of Rosbank under IFRS Amounted to RUR6.17 bln
The banks credit portfolio amounted to RUR 233.559 bln as of December 31, 2007 (RUR 161.243 mln in 2006). The balances of customers accounts increased to RUR 283.804 billion (RUR 204.662 mln in 2006). Rosbanks equity as of the end of 2007 increased 45% and exceeded RUR 40.891 billion.
Despite difficulties in the financial markets, the IFRS-based financial statement is indicative of a qualitative leap of our business, the increase of the customer base, the market share and profitability, said Alexander Popov, Chairman of Rosbanks Management Board.