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Factorial Bank Total Assets Up 16% In 2006

Factorial Bank Total Assets Up 16% In 2006

2 February 2008

Factorial Bank’s (FKTB)total assets came to USD 159 mln in 2006 an increase of 16% yoy. The bank’s loan portfolio increased by 21.1% yoy to USD 89 mln of which retail clients accounted for USD 31.3 mln, a jump of 91.7% from 2005, and corporate clients made up USD 57.4 mln, an increase of nearly 1% yoy. 

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