MOSCOW, November 3 (RIA Novosti) - The net profits of top-100 bank Svyaz-Bank exceeded the 2004 figure and stood at $4.18 million in January-September 2005, according to International Financial Reporting Standards (IFSR), the bank's press service said Thursday.
On October 1, the bank's assets stood at $713 million, a twofold increase since the beginning of 2005. Equity capital hit $69 million.
According to the bank's development strategy until 2008, the bank makes interim financial reporting independently in compliance with International Financial Reporting Standards. Deloitte&Touche audited Svyaz-Bank's annual financial reporting.
