2 Dec 2011 10:14

Bank St. Petersburg net profits surge 150% to 5.638 bln rubles for 9M

MOSCOW. Dec 2 (Interfax) - Bank St. Petersburg saw its net profits calculated to International Financial Reporting Standards (IFRS) soar 150% year-on-year to 5.638 billion rubles for January-September, the bank reported.

Net interest income was up 14.2% at 10.335 billion rubles.

The bank's credit portfolio grew 11% to 203.366 billion rubles over the nine months.

Bank assets increased 12% to 305.819 billion rubles.