Bank Intercommerz earned profit of Rub 672.1 mln in January — June compared to Rub 757 mln in FY13, the lending institution said in a press release.
The bank’s equity (capital) increased 12.5% from Rub 5.6 bln to Rub 6.3 bln during the reporting period. The lender’s credit portfolio expanded 9% to Rub 44.27 bln. “During the first six months of 2014 we came close to our planned FY net profit target of Rub 850 mln," the bank’s management board chairman Alexander Bugaevsky noted.
