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10.08.2007 /Auto loans
US$ 30,000,000 Car Loans Receivables Backed Syndicated Term Loan Facility
- Credit Bank of Moscow signed an 18 month US$30,000,000 Car Loans Receivables Backed Syndicated Term Loan Facility. The proceeds will be used towards the financing of the Bank's present and future portfolio of car loans.
10.08.2007 /Operations
Credit Bank of Moscow's Common Stock Increased By 38%
- The Central Bank of Russia registered a USD 35,271 thousand increase of Credit Bank of Moscow's common stock paid by its existing sole shareholder "Concern Rossium".
10.08.2007 /Financial Statements
Raiffeisen International continues to expand its profits
- Consolidated profit (after tax and minorities) rose by 38.8 per cent to 401.4 million euros (first half 2006: 289.2 million euros). Profit before tax for the first half of 2007 went up by 44.1 per cent to 606.6 million euros (first half 2006: 421.0 million euros), while profit after tax for the first six months of 2007 grew by 43.0 per cent to 477.0 million euros (first half 2006: 333.5 million euros).
10.08.2007 /Financial Statements
Vozrozhdenie Bank reports First Half 2007 Net Income of 674 million rubles
- Under International Financial Reporting Standards (IFRS) our profit after tax was 674 million rubles or $26.1 million, almost twice the profit of the first half of 2006. The Bank has profitably employed the funds raised primarily in expansion of loans to small and medium size businesses.
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