29 Nov 2012 15:02

Home Credit & Finance Bank boosts IFRS net profit 46% to 12.1 bln rubles in 9M

MOSCOW. Nov 29 (Interfax) - Home Credit & Finance Bank (HCFB) boosted net profit to International Financial Reporting Standards (IFRS) 46% year-on-year in January-September to 12.1 billion rubles, the bank said in a statement.

Profit before tax grew 46% to 15.3 billion rubles. Operating income was up 80% to 41.2 billion rubles. Equity rose 31% during 9M to 39.9 billion rubles from 30.5 billion rubles.

Return on average equity (RO