Sberbank’s Ural branch’s balance sheet total exceeds 385 billion RUR
23 April 2008 (08:15)
The balance sheet total of Sberbank’s Ural branch rose by 47 billion RUR, or 14%, in the first quarter of 2008. The volume of the bank’s net assets has increased by 10% since the beginning of the year and reached 309 billion RUR on April 1, 2008. In addition, the bank’s net assets came to 2.5 billion RUR in January-March 2008, which is 1.7 times better than a year earlier.
Sberbank’s Ural branch was able to improve on the lending and investment-collecting volumes as well. The bank’s loan portfolio, for instance, reached 275.8 billion RUR on April 1, 2008, loans to individuals went up by 7.2% and amounted to 88.8 billion RUR, while the legal entities loan portfolio has gone up by 10.7% since January and reached 186.9 billion RUR.
In addition, the bank’s private customers placed 6.3 billion RUR more with the bank than in January-March 2007, with the total volume of their investments coming to 135.9 billion RUR. The businesses’ funds increased up to 87 billion RUR.
Sberbank’s Ural branch was able to improve on the lending and investment-collecting volumes as well. The bank’s loan portfolio, for instance, reached 275.8 billion RUR on April 1, 2008, loans to individuals went up by 7.2% and amounted to 88.8 billion RUR, while the legal entities loan portfolio has gone up by 10.7% since January and reached 186.9 billion RUR.
In addition, the bank’s private customers placed 6.3 billion RUR more with the bank than in January-March 2007, with the total volume of their investments coming to 135.9 billion RUR. The businesses’ funds increased up to 87 billion RUR.
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