MOSCOW, January 23 (RIA Novosti) - The Bank of Moscow, a leading Russian bank, increased its assets by 47% in 2005 to 258.5 billion rubles (about $9 billion), the bank's press office said Monday.
The bank's balance sheet profit rose by 43% in 2005, year-on-year, to 5.3 billion rubles (about $185 million) and its shareholders' equity calculated in accordance with the Russian Central Bank's methodology increased by 67% to 27.7 billion rubles (about $968 million).
In 2005, the Bank of Moscow increased the number of its corporate clients by 10% to 78,800 and the number of its individual depositors was up 35% to more than 5 million. The Bank of Moscow is Russia's second biggest bank in terms of the number of retail clients, the press office said.
The Bank of Moscow is one of the country's top thirty banks in terms of their assets on a list published by the Central Bank.
