Rodovid Bank Boosted Net Income 3.2x yoy in 1Q08

8 May 2008

Rodovid Bank (RODB: BUY) posted net income of USD 6.1 mln (+3.2x yoy) in 1Q08. The bank increased its net assets by 10.6% yoy to USD 2.2 bln and extended loan portfolio by 29.5% yoy to USD 1.6 bln. Rodovid bank’s total customer deposits grew by 18.8% to USD 1.3 bln.

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