PRIME-TASS. As of January 1, 2009 net profit generated by Rostov Industrial Construction Bank (Rostpromstroybank, Rostov-on-Don) jumped 29.1% vs. October 2008 to Rub 158.56 mln, the bank said in a press release.
The lending institution attributes a spike in net profit to intensive expansion of active transactions, i.e. an increase in interest and non-interest income.
As of December 1, 2008 Rostpromstroybank’s assets amounted to Rub 3.93 bln (Rub 3.06 bln as of January 1, 2008), credit investments totaled Rub 2.37 bln (Rub 1.79 bln), capital equaled Rub 1.05 bln (Rub 925.8 mln), credits, deposits and other funds attracted came to Rub 1.41 bln (Rub 1.09 bln), including private deposits equaling Rub 802.7 mln (787.1 mln).
Rostpromstroybank was registered by the Central Bank of Russia in January 1992. The lending institutions charter capital equals Rub 860 mln. Major shareholders are Igor Kim (53.96% of common shares) and Lancrenan Investments Ltd. (Cyprus, 20.016%). Since 2007 Rostpromstroybank is part of a strategic banking alliance led by Ursa Bank (Novosibirsk).