Result of the work of the Bank of Moscow for January 2008

As of 01 February, 2008, the Bank’s balance sheet value stood at 2.1 billion roubles and its net asset value at 2 billion roubles. The Bank of Moscow’s equity capital, calculated according to the Central Bank method, amounted to 6.6 billion roubles at the beginning of February, which is 62% more than on 01 February of last year.

Over the twelve-month period, assets (according to the balance sheet format of the published reporting) rose by 39% and on 01 February, 2008, constituted 509.8 billion roubles.

The indicator reflecting the volume of customers’ funds drawn demonstrated similar dynamics: as the beginning of February this year it exceeded 462 billion roubles. Let us note that the Bank is traditionally among the Top 3 biggest financial institutions in terms of the volume of funds of its private customers.

The Bank’s credit portfolio increased by 40% over the twelve months, to reach 345.7 billion roubles on 01 February, 2008. At the same time, the portfolio of retail loans doubled over this period, to exceed 70 billion roubles.

The Bank’s reliability is confirmed by the biggest international rating agencies. Moody’s Investors Service, for instance, awarded the Bank of Moscow a Baa2 international credit rating. According to Fitch Ratings, the Bank’s long-term credit rating is ÂÂÂ. The rating forecast is "stable".

Center of public relations, Bank of Moscow
(495) 624-74-40
pr@mmbank.ru

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