Ukhtabank’s 9M08 profit totals Rub 270.27 mln

In January-September 2008 Ukhtabank earned Rub 270.27 mln in profit, the lending institution said in materials posted on its website. 9M08 pre-tax profit came to Rub 324.94 mln, net loans due amounted to Rub 4.86 bln, funds of lending institutions equaled Rub 1.57 bln and financial resources of clients (non-banking institutions) reached Rub 6.39 bln, with private deposits standing at Rub 4.23 bln.

According to the data from news agency Banki.ru and Interfax-CEA, as of July 1, 2008 net assets of Ukhtabank stood at Rub 7.72 bln (206th place in Russia). The lending institution is a member of the national deposit insurance system.