MOSCOW, April 18 (RIA Novosti) - TransCreditBank said Wednesday its net profit calculated to International Financial Reporting Standards (IFRS) grew 70%, year-on-year, in 2006 to 2.4 billion rubles (about $93 million).
TransCreditBank, which provides services to Russia's railroad monopoly Russian Railways (RZD), said its consolidated assets grew 50% in the reporting period to 83.7 billion rubles (about $3.2 billion) and its equity was up 60% to 6.2 billion rubles (about $240.3 million).
