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Bank of Moscow net profit rises 48.4% in 7M06 to $100 mln

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MOSCOW, August 28 (RIA Novosti) - Bank of Moscow said Monday its net profit in the first seven months of 2006 rose 48.4% year-on-year to 2.69 billion rubles ($100 mln).

The bank's pre-tax profit in the reporting period rose 46.9% to 3.47 bln rubles ($128 mln).

Founded in 1996, Bank of Moscow is one of Russia's top 30 banks by assets.

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