In 2005, the Moscow SODRUZHESTVO bank’s net profit jumped 460% year-on-year to R18.4 million. The bank holds a general licence issued by the Central Bank of Russia to perform all types of banking transactions. It also has professional
stock market participant licence for broker’s services and trust management, as well as the professional stock market participant
licence issued by the Federal Securities Commission for dealer’s operations. The bank is a member of the Russian deposit insurance system.
Source: BANKIR.RU, January 20, 2006
