SKB-Bank’s net assets rise over 37% in 2008

SKB-Bank looked into its business performance as of December 1, 2008.

The bank’s net assets went up by 10.8 billion RUR over the year and reached more than 39.3 billion RUR. This is 37.5% better than the figures achieved on December 1, 2007.

Then, the bank was able to raise the amount of attracted investments by nearly one third, so these came to 33 billion RUR, including over 12 billion RUR of private individuals’ investments as of December 1, 2008.

SKB-Bank’s loan portfolio increased by more than 40% and amounted to over 27.5 billion RUR.

The bank’s own funds reached over 7 billion RUR, while its share capital exceeded 1.8 billion RUR on December 1, 2008.


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