Rosgosstrakh Bank's FY14 net profit amounted to Rub 413.5 mln compared to Rub 1.9 bln in 2013, the bank's IFRS financial statement showed. The group, apart from the namesake parent company, comprises six mutual funds.
The group's net interest income reached Rub 5.7 bln, exceeding the year-ago indicator by Rub 1.4 bln. This increase was to a large extent driven by higher interest income from loans granted to clients and tradable securities, the bank specified.
The group's net non-interest income came to Rub 5.6 bln, or Rub 1.7 bln more than in 2013. The bulk fell to net profit from foreign currency operations (Rub 2.5 bln) and commission income (Rub 2.2 bln).
The group's capital reached Rub 16.5 bln. The group's capital adequacy ratio under the Basel I standards equaled 16.11%, assets topped Rub 112.2 bln, the securities portfolio totaled Rub 24.1 bln, and the credit portfolio (excluding devaluation provisions) came to Rub 45.3 bln.
The group's obligations reached Rub 95.8 bln. Clients' funds amounted to Rub 72 bln, Rub 43.2 bln of which fell to the money of households.
