INTERFAX. Uraltransbank raised its assets 4.4% to Rub 13.18 bln in Q108. The bank’s grand total came to Rub 18.38 bln as of April 1, up 11% YTD, the credit portfolio rose 3.7% to Rub 10.14 bln and equity jumped 10.1% to Rub 1,724 mln. Funds held on Uraltransbank’s client accounts grew 5.3% to Rub 9.95 bln in January-March 2008, including a 2.9% rise in private deposits to Rub 6.81 bln. In the January-March quarter of 2008 the lender generated net profit of Rub 153.22 mln or 64.6% higher than in the same period a year ago.
As of April 1, 2008 the bank’s major shareholders were board chairman Valery Zavodov (26%), the European Bank for Reconstruction and Development (25%), MFK-2002 (16.94%) and Financial Group Inco (11.78%).
In 2007, Uraltransbank ranked 138th in terms of assets in the Interfax-100 ranking, prepared by Interfax-CEA.
