PRIME-TASS. Net loss reported by Moy Bank. Mortgage in October-December 2008 totaled Rub 12.85 mln vs. Rub 3.27 mln net profit in 3Q08, the bank said in a statement.
The lending institution suffered a net loss in 4Q08 owing to an increase in interest expenses under funds attracted, higher expenses to maintain the property and information systems and a decline in earnings from the restoration of reserves for possible losses.
