Net profit that B&N Bank generated in 2016 under RAS nearly tripled, totaling Rub 12.9 bln (Rub 4.5 bln in 2015), the lending institution's press service reported.
The bank's assets climbed 46% y-o-y to Rub 1.17 tln by January 1, 2017.
Retail loans jumped 122% to Rub 51.1 bln, while corporate loans soared 49% to Rub 126.2 bln.
The money that B&N Bank drew from households amounted to Rub 543.1 bln as of January 1 (up 93%), and from businesses and institutions came to Rub 203.9 bln (+53%).
The bank's equity is equal to Rub 97.9 bln (up 83% YTD).
To remind, in November 2015 the Central Bank of Russia gave B&N Bank shareholders a nod to pick up MDM Bank. B&N Bank shareholders Mikail Shishkhanov and Mikhail Gutseriev bought 84.38% of MDM Bank shares from Sergey Popov and some minority shareholders in December 2015. B&N Bank and MDM Bank wrapped up the merger in November 2016.
