12.04.2007

The Bank's results (as of 01.04.2007)

Bank “Saint Petersburg” summarized its operating results for the 1st quarter 2007.

Its assets grew 17% and accounted for 70 916 million rubles. The customer’s accounts increased by 14% and amounted to 60.8 billion rubles. The loan and comparable arrears were up by 23% and reached 56.2 billion rubles.

The Bank’s balance sheet profit for the 1st quarter 2007 amounted to 718.8 million rubles, or almost 4 times more than for the same period last year.

As of 01.04.2007 the Bank’s equity accounted for 6 633 million rubles.
In the 1st quarter 2007 Bank “Saint Petersburg” improved significantly its mortgage programs by making them more flexible and developed and introduced a new deposit “White Nights”. The Bank continued to develop its card business. It issued 250 000 Visa cards and began to issue the Visa Infinite cards. As of 1st April 2007, the Bank had a total of 220 ATMs, including 98 at the Metro stations.