22 октября 200808:27
URSA Bank’s assets reach $8.1bn in January-June 2008
URSA Bank came up with a financial report for the first half of 2008; the report has been drawn up in accordance with the International Accounting Standards. The bank’s assets rose by 1.3 times over one year and reached $8.1bn in January-June 2008. The bank’s own funds increased by 1.5 times and amounted to $1.29bn on July 1, 2008. URSA Bank’s revenues came to $96.8m, which exceeds the figures for a year earlier by 1.6 times. This is actually an indicator of a 19.9% ROE and a 2.7% return on assets, which are rather good figures for the banking sector. URSA Bank’s net lending portfolio reached