Net profit generated by Rosbank Group in 2014 came to Rub 3.2 bln, or 4.3 times less than in 2013 (Rub 13.9 bln), shows an IFRS financial statement that was posted on the group's parent lending institution.
The banking group's assets jumped by a third to Rub 1.13 tln from Rub 864.1 bln. Loan devaluation provisions decreased from Rub 61.67 bln in 2013 to Rub 57.48 bln last year. The bank's net interest income dropped from Rub 37.3 bln to 30.15 bln.
The aggregate amount of granted loans jumped 10.5% to Rub 676.63 bln. Meanwhile, Rub 242.27 bln fell to corporate lending (up 13%), and Rub 484.92 bln to retail lending (a surge of 7.8%).
Apart from Rosbank, the group is comprised of Rusfinance Bank, DeltaCredit, and also United Settlement System, no-profit organization Inkakhran, BSGV Leasing, RB Leasing, etc.