OREANDA-NEWS. May 25, 2009. Balance profit of JSC “Belarussian Industrial Bank” for January- April of 2009 comprised 1235.9 million Belarusian rubles, that corresponds with that of 2008, reported the press-centre of Belarussian Industrial Bank.

Currency of the Bank’s balance as at 01.05.2009 totaled to 221.9 billion Belarusian rubles, having increased during four months for 16.4 %. Normative capital totaled to 42.9 billion Belarusian rubles (or 11.5 million Euro).

In the reporting period Bank has increased its authorized fund from 17.0 billion Belarusian rubles to 20.1 billion Belarusian rubles (or 5.4 million euro). Bank performs an important activity toward development of resource base. So, attracted funds as of May 1, 2009 amounted to 117.5 billion Belarusian rubles that is 7.6% more than for the beginning of 2009.

The best dynamics is observed concerning funds, attracted into the deposits of individuals. These deposits have increased from 6.9 to 33.7 billion Belarusian rubles or 4.9 times. Their portion at attracted resources reached 28.7%. Balances at customers’ current accounts amounted to 24.4 billion Belarusian rubles, their portion at attracted resources comprised 20.7%. Legal entities’ deposits amounted to 11.4 billion Belarusian rubles, their portion at attracted resources reached 9.7%.

Securities issued by the Bank comprised 6.5 billion Belarusian rubles, their portion at attracted resources comprised 5.5%. Bank’s net assets volume amounted to 161.4 billion Belarusian rubles. Share of income-producing assets maintains at high level and as at 01.05.2009 comprised 74.9% of total net assets volume. Main part of assets is comprised by credits to legal entities and individuals (41.3%), funds with the banks (31.8%). Portion of bad loans as at 01.05.2009 comprised 0.9% of loan portfolio to the customers.

Bank performs all the norms of safe functioning established by the National bank of the Republic of Belarus for banks and non-banking financial institutions, Bank formed reserves in necessary volume for covering possible losses by loans and other active operations with the customers. Bank’s activity results show profitable and steady functioning in the frames of existing economic conditions.