6 Dec 2013 16:39

Nomos-Bank IFRS net profits grow 24.5% in January-September

MOSCOW. Dec 6 (Interfax) - Nomos-Bank made 13.2 billion rubles in January-September net profits as calculated to International Financial Reporting Standards (IFRS), a 24.5% year-on-year increase, the bank said in a press release.

Net interest income was up 26.9% at 29.1 billion rubles, while the margin contracted 20 basis points to 4.6%.

Net commission income increased 14.1% to 6.5 billion rubles.

Net revenue from trading operations contracted 41.4% to 722 million rubles.

The bank's assets grew 14.9% over the nine months to 1.034 trillion rubles.

Nomos-Bank ended Q3 in 9th place by assets, 17th by private individual funds, and 44th by consumer loan portfolio on the Interfax-100 ranking of Russian bank size.