Uralfinprombank’s asset value drops 26.9%

5 March 2010 (11:40)

The value of Uralfinprombank’s assets decreased by 1,863,721,000 RUR, or 26.9% in February 2010. The bank’s assets were worth 6,927,664,000 RUR on February 1, 2010 and only 5,063,943,000 RUR on March 1, 2010.

The bank explains that the drop in asset value has to do with the fact that the balance of their Last Year Financial Performance account was transferred to their Last Year’s Profit account.

Other materials on the topic::