MOSCOW, February 26 (RIA Novosti) - The Bank of Moscow said Monday its net profit increased 160%, year-on-year, in January 2007, to 2.2 billion rubles (about $83.9 million).
The bank's shareholder equity increased 40% in the reporting period, to 39.8 billion rubles (about $1.5 billion) as of February 1, and its total assets grew 56.2%, to 430.2 billion rubles (about $16.4 billion), the bank said.
Founded in 1994, the Bank of Moscow is on a list of the country's top 30 banks published by the Central Bank of Russia.
