Net profit generated by SMP Bank in January-March 2016 slid 3x y-o-y to Rub 172.2 mln under RAS, the lending institution's financial statement shows.
The financial institution's net profit came to Rub 518.3 mln in the first quarter of 2015.
SMP Bank's charter capital rose from Rub 7.3 bln to Rub 7.6 bln. Equity grew from Rub 18.8 bln to Rub 25.6 bln. Drawn funds (credits, deposits, customers' accounts, etc.) declined from Rub 253.5 bln to Rub 343.6 bln.
The financial institution's interest income grew to Rub 7.2 bln (Rub 4.7 bln in 1Q), while during the first three months of the year interest due totaled Rub 6.5 bln (vs. Rub 4.7 bln in the same period of last year).
