'Last year was a good one for METCOMBANK,’ the bank’s press officer said to UrBC. The bank’s balance sheet total rose by 68.3% in December 2007 compared to a year earlier and reached 16.2 billion RUR on December 31, 2007, while the bank’s own funds grew by 155.5% and reached 2,022 million RUR on December 31, 2007 against only 791.4 million RUR on December 31, 2006.


The volume of customers’ deposits and accounts increased by 49% and amounted to 10.9 billion RUR; this figure includes a 54.8% rise in the volume of private individuals’ deposits (these reached 4.9 billion RUR) and a 45.1% increase in the volume of deposits opened by businesses and organizations (these reached 6.01 billion RUR).


Last year, most of METCOMBANK’s transactions were traditionally related to corporate lending as the most economically expedient type of service. The bank’s loan portfolio rose by 62.7% and came to 8.9 billion RUR at the end of 2007. METCOMBANK offered its customers a total of 3,302 million RUR worth of loans, including 900 million RUR worth of individual loans, 862 million RUR worth of advances on salary, 764 million RUR worth of mortgages, and 588 million RUR worth of overdrafts.