Energomashbank earns 9M08 profit of Rub 104.5 mln

In the January-September period of 2008 Energomashbank’s net profit more than doubled y-o-y to Rub 104.5 mln. The lender’s equity capital soared 78% y-o-y to Rub 490.2 mln, the lending institution’s press service reported.

Based on Q308 performance, Energomashbank raised net assets to Rub 4.4 bln or up 57% against the same period a year ago. Net loans due reached Rub 3.2 bln, exceeding the year-earlier figure by 65%. Funds attracted surged 52% during the same period to Rub 3.5 bln, including a 30% spike in private funds to Rub 1.3 bln.

According to the data from news agency Banki.ru and Interfax-CEA, as of July 1, 2008 net assets of Energomashbank stood at Rub 4.07 bln (324th place in Russia). The lending institution is a member of the national deposit insurance system.