Promsvyazbank, which is ranked by the Central Bank among Russia's top 30 banks, said its shareholder equity has grown 43.9% since the beginning of the year, to 15.2 billion rubles (about $563 million).
"The bank's assets grew due to an increase in all the main sources of its resource base," Promsvyazbank said in a press release.
The bank also said the volume of its lending operations expanded considerably in January-September 2006. Its loan portfolio increased 66.3% in the reporting period, to 112.3 billion rubles (about $4.16 billion).
The value of corporate accounts with the bank increased 28.2% in the reporting period, to 61.4 billion rubles (about $2.27 billion), and the value of household accounts was up 49.8%, to 17.3 billion rubles (about $640.7 million).
A controlling stake in Promsvyazbank belongs to the Ananyev brothers, who also have shareholdings in such areas as information technology, the media sector, insurance, the industrial sector and investment in real estate.
