FONDSERVICEBANK 2006 Profit Equals R183.7 Mln

Based on 2006 results, the assets of Russia’s FONDSERVICEBANK (Moscow) equalled R13.918 billion, up 33% year-on-year. The bank’s capital was up 11.39% to R1.148b, pre-tax profit — 41.32% to R183.724 million. Funds on clients’ accounts rose by almost 33% to R9.665b, credit portfolio — 38.5% to R8.594b.

Source: BANKIR.RU, February 14, 2007