National Settlement Depository ups net profit 33% in Q1
MOSCOW. April 16 (Interfax) - CJSC National Settlement Depository (NSD), Russia's central depository, which is part of the Moscow Exchange group , boosted net profit to Russian Accounting Standards 32.8% in the first quarter of 2013 to 1.28 billion rubles, NSD said in a press release.
NSD revenue jumped 44.5% to 4.04 billion rubles and spending grew 50.6% to 2.77 billion rubles.
Equity was 6.35 billion on April 1, up from 6 billion on January 1.
Ruble transaction turnover and securities turnover (market cost of securities transferred in the depository operation inventory process) increased to 108.06 trillion and 45.43 trillion rubles, which is, respectively, 83.9% and 65.8% up on the first quarter of 2012.
The value of securities in depo accounts opened in the NSD as of March 31 2013 was 17.29 trillion rubles up 43.5% in the quarter. The market value of Russian shares in the NSD climbed 120% to 9.3 trillion rubles.
