URALVNESHTORGBANK Posts Figures for 2005

The grand total of URALVNESHTORGBANK (UVTB, Yekaterinburg) has reached R17.86 billion by January 1, 2006, up 104% form January 1, 2005. The pre-tax profit for 2005 stood at R601m. The bank’s own equity totalled R1,386m, up 80% year-on-year. Net loan debt grew by 112% Y/Y to R9.46b, clients’ deposits — 85% to R9.83b, including private deposits — 87% to R6.1b.

Source: UVTB PRESS SERVICE, January 18, 2006