Ukrsotsbank's Assets up 78% in 2007
9 January 2008
As stated by Interfax, Ukrsotsbank (USCB: BUY) reported that its assets grew 78% to UAH 31.2 bln (USD 6.2 bln) in 2007. The bank’s loan portfolio was boosted by 90.4% and made up UAH 24.2 bln (USD 4.8 bln). As we reported earlier, Ukrsotsbank’s CEO Boris Timonkin said that the bank intended to increase assets to UAH 100 bln (USD 19.8 bln) by 2012.
