Russian banks up assets 11% to 32.672 trillion rubles in 2010
MOSCOW. Dec 31 (Interfax) - Russian banks grew their assets 11% in January-November 2010 to 32.672 trillion rubles, the Central Bank said on its website.
Assets grew 2.4% in November.
The loan portfolio, which accounted for 68.1% of the assets, grew 12% to 22.254 trillion rubles in the 11 months.
Retail loans grew 11.9% to 3.998 trillion rubles after falling 11% in 2009. The retail loan portfolio was almost level with its early 2009 total of 4.017 trillion rubles.
Loans to the corporate sector grew 10.9% to 13.904 trillion rubles in January-November 2010 after rising 1.5% in the first 11 months of 2009.
Retail loans grew by 60.6 billion rubles or 1.5% in November and corporate loans rose 213 billion rubles or 1.6%.
Past-due corporate loans came to 6.2% of the loan book as of the beginning of September, falling to 5.9% in October and 5.6% in November.