|
Net profit "St. Petersburg" for 9 months of 2011 under RAS grew 18.6 times - up to 3.4 billion rubles |
| Print | |
Bank Saint Petersburg, 6 trials • 222 News • 131 comment bank's net profit, "St. Petersburg" for the first 9 months of 2011 under RAS grew 18.6-fold compared with the results of the same period last year and amounted to 3.4 billion rubles. Net interest income for the first 9 months of 2011 rose to 9.6 billion rubles (7.7% compared with the results for the same period last year). During the period from January 1 to October 1, 2011 the loan portfolio increased 9.9% to 216.7 billion rubles, including 2.0% in Q3 2011. Net interest income received for the first 9 months of 2011 amounted to 9.6 billion rubles, or 7.7% over the same period last year. Net commission income showed an increase of 46.5% compared with the result of nine months of last year, amounting to 1.6 billion rubles. Profit before tax for the first 9 months of 2011 totaled 6.5 billion rubles, which exceeds the result of last year to 340.2%. Net income for the nine months of 2011 increased 18.6 times compared with the results of the same period last year and amounted to 3.4 billion rubles a significant impact on the amount of profit has had a reduction of the formation of reserves. During the period from January 1 to October 1, 2011 the bank's assets grew by 11.3% to $ 302.3 billion rubles. Commitments. On October 1, 2011 the amount of funds issued by the client, taking into account debt rose to 235.7 billion rubles (8.8% compared to January 1, 2011), funds of legal entities - 156.2 billion rubles ($ 7 5% compared to January 1, 2011), individuals' funds - 79.5 billion rubles (11.5% compared to January 1, 2011). Bank's equity capital, calculated in accordance with the methodology of CBR on October 1, 2011 amounted to 36.8 billion rubles (8.8% compared to January 1, 2011). As a result, the Bank's capital adequacy ratio (N1) on October 1, 2011 was 11.6% in the normative value of 10.0%. The calculation does not include capital funds in the $ 2.7 billion, raised from new share issue. The credit portfolio. During the first 9 months of 2011 the volume of loans to customers grew by 9.9% to 216.7 billion rubles. The volume of corporate lending increased by 9.7% to $ 196.2 billion. The retail loan portfolio grew to 20.5 billion rubles (12.5% ??compared to January 1, 2011). Reserves for loan impairment amounted to 19.9 billion rubles (3.7% compared to January 1, 2011). The ratio of reserves to total loan portfolio amounted to 9.2%. The level of arrears on October 1, 2011 was 3.9%. The level of cover outstanding debt amounted to 238.7% reserve.
|
