Net profit generated by Russlavbank in 2008 topped the year-earlier figure by a whopping 160%, the lending institution’s press service reported. Meanwhile, the lender’s assets climbed 23% and ROA after taxes averaged 1.8%. The lender’s equity capital exceeded Rub 1.2 bln with ROE equal to 19.7%.
Russlavban’s stability and sustainability are confirmed by ratings assigned by international and Russian leading rating agencies, e.g. Moody’s I. S. (В3/Baa2.ru/E+, stable), Expert RA (А, high creditworthiness), and also AK&M (A with stable prospects).
According to the data from news agency Banki.ru and Interfax-CEA, as of January 1, 2009 net assets held by Russian Slavonian Bank were equal to Rub 12.8 bln (155th place in Russia). The lending institution is a member of the national deposit insurance system.
