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Nomos-Bank assets grow 11% in 4Q05 to 99 billion rubles

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MOSCOW, January 16 (RIA Novosti) - The value of Russian bank Nomos-Bank's assets grew by 11.2% in the fourth quarter of 2005 to reach 99 billion rubles ($3.5 billion) against 89 billion rubles ($3.1 billion) in the third quarter, the bank said Monday.

The bank said the increase was due to the growth of balances on clients' accounts and to the attraction of syndicated loans, as well as to the placement of monetary funds in loan and security portfolios.

Nomos-Bank is one of Russia's 30 largest banks.

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