Bank Severnaya Kazna’s assets drop 10.3%

The value of Bank Severnaya Kazna’s assets dropped by 10.3% in April 2009, that is, from 240,440,238,000 RUR on April 1, 2009 to 236,283,721,000 RUR on May 1, 2009.

The company reports this decrease has been brought about by the shrinking customer accounts and cutting back on their lending portfolio.