Bank Severnaya Kazna’s assets go down 22.12%

The value of Bank Severnaya Kazna’s assets (property of OAO Alfa-Bank) went down by 3,763,918,000 RUR or 22.12% in the third quarter of 2010, that is, from 17,015,220,000 RUR on July 1, 2010 down to 13,251,302,000 RUR on October 1, 2010.

It has been reported that the drop in asset value had to with the cession of business customers’ debts and selling the bank’s realty.

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