MOSCOW, April 18 (RIA Novosti) -- Vozrozhdeniye Bank posted IFRS net profit of 544 million rubles (about $18 mln) in 2005, representing an 18% year-on-year increase, the bank said Tuesday.
The bank's return on equity (ROE) was 19%, with share yields growing to 28 rubles (about $1) compared to 22 rubles in 2004.
Assets grew 60%, to 49.11 billion rubles (about $1.7 bln). The bank's equity was 3.27 bln rubles, climbing 26% year-on-year.
The bank's credit portfolio expanded 40% to 30.77 bln rubles with the proportion of overdue loans halving on 2004 to 1.4%.
Vozrozhdeniye is among Russia's 30 largest banks by assets and the only Russian bank whose shares circulate on trading floors abroad in the form of depository receipts.
