In the past 12 months Norvik Bank’s equity capital has more than doubled to Rub 700 mln, while shareholders funds also jumped by more than twofold to Rub 723 mln, the bank said in a press release. Working assets climbed over 20% and funds attracted also grew.
As the banks press service said, a trend has shaped up showing not only restoration, but also improvements in the banks key asset and liability indicators, continuing growth of the client base, while liquidity is maintained at quite a high level.
According to the data from news agency Banki.ru and Interfax-CEA, as of July 1, 2008 net assets of Norvik Bank stood at Rub 2.68 (412th place in Russia). The lending institution is a member of the national deposit insurance system.