Net profit generated by Nordea Bank in January — March 2015 under IFRS amounted to Rub 1.47 bln, or 54% more than in the year-ago period.
The bank's equity jumped 13% to Rub 34.3 bln, while its assets climbed 28% to Rub 393.3 bln.
The lender's aggregate credit portfolio expanded 33% to Rub 322.9 bln mainly due to an increase in currency rates, the bank pointed out. The corporate credit portfolio came to Rub 273.9 bln, or 42% above the number in January — March 2014. The bank's retail credit portfolio rose 6% to Rub 23.7 bln.
The bank's capital adequacy ratio (N1) has increased 53 basis points YTD to 19.78% as of late March 2015.
