SKB-Bank’s own funds come to over 5 billion RUR on April 1, 2008

SKB-Bank’s own funds came to over 5 billion RUR on April 1, 2008, which is Sverdlovsk Region’s best result that exceeds the second best one by more than 1 billion RUR. In addition, SKB-Bank thus became Ural Federal District’s third largest bank in terms of own funds and is now hoping to expand significantly.

SKB-Bank’s net assets reached 31.622 billion RUR on April 1, 2008 compared with 30.684 billion RUR on April 1, 2007. The private customers’ deposits rose by 1.35 billion RUR in the first quarter of the year and amounted to over 8.3 billion RUR altogether. Besides, the bank offered some 900 million RUR worth of loans to private individuals in January-March 2008 so that the bank’s loan portfolio came to more than 10.4 billion RUR on April 1, 2008.

SKB-Bank is Sverdlovsk Region’s largest bank at the moment in terms of consumer lending to natural persons, in terms of legal entities’ deposit portfolio, and in terms of bank card issuance. Moreover, the bank is one of the region’s leaders in terms of subsidiary and ATM networks, the bank’s press officer reports.

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