OREANDA-NEWS. September 26, 2008. The Bank of Moscow’s balance-sheet profit as of September 1, 2008, amounted to 5.8 bln. roubles, and its net profit, to 4.2 bln. roubles. As compared to the analogous period of 2007, the balance-sheet profit had increased by 8%, and net profit by 11%.

The Bank of Moscow’s capital (as calculated by using the Central Bank methodology) as of September 1, 2008, amounted to 72.9 bln. roubles, which is 35% more than the year before. In August 2008, the Bank of Moscow placed its 12th issue of shares in the amount of 8.3 bln. roubles.

Assets of the Bank increased by 36% over twelve months to reach 628.8 bln. roubles as of September 1, 2008.

The total amount of borrowed funds as drawn from the Bank’s customers (including the funds of banks and issued debt instruments) increased by 36% over the 12 months to reach 571.4 bln. roubles at the beginning of September.

The Bank’s credit portfolio (for corporate and individual customers) amounted to 444.0 bln. roubles, thus increased by 44% since September 1, 2007. Retail portfolio went up over the same period by 77% and totaled 97.9 bln. roubles.

The Bank’s reliability is confirmed by the major international rating agencies. The Bank of Moscow is rated BBB with stable outlook, by Fitch and Baa1 with positive outlook by Moody’s.