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As of December 1, 2015, the net profit of Avers Bank amounted to RUB 1.35 billion, thus Avers again earned the highest profit among the banks of the Republic of Tatarstan.
Avers’s assets as of the beginning of the month amounted to RUB 61.24 billion, having increased by 24% or RUB 11.86 billion from the level year-on-year. The capital exceeded RUB 18.93 billion having grown by RUB 1.44 billion year-on-year.
The bank’s loan portfolio in the period analyzed has grown by 89.75% or RUB 11.76 billion, having amounted to RUB 24.86 billion. “These results confirm the bank’s reliability and our strive for constant development, Kamil Yusupov, Chairman of the Board, Avers Bank LLC noted. Traditionally conservative credit policy, constant work on the improvement of the process efficiency and focusing on the portfolio quality will allow us to show strong financial indicators further, too.”
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