29 Jul 2011 12:38

Bank of Moscow provisions 134 bln rubles for corp. credit portfolio in 2010, 14 bln for retail - Moos

MOSCOW. July 29 (Interfax) - Bank of Moscow set aside 134 billion rubles in provisions for its corporate credit portfolio and 14 billion for its retail portfolio last year, member of the bank's board of directors and deputy chief at VTB Herbert Moos told reporters during a conference call.

After provisions, the corporate loan portfolio amounted to 432 billion rubles, the retail portfolio to 66 billion rubles, Moos said. Provisions represented 23.7% of the former and 17.5% of the latter.