URSA Bank’s own funds rise 2.1 times in 2007

4 March 2008 (09:03)

URSA Bank’s pro forma asset volume (calculated in compliance with the IAS) rose by 1.6 times and reached $6.8bn in 2007, while the bank’s own funds increased by 2.1 times and came to $1.173bn. URSA Bank’s net profit for the year 2007 is expected to exceed $150m, their press officer reports.