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Ukrsotsbank Lifts Net Assets 55.2% in 9M on Strong Lending

Ukrsotsbank Lifts Net Assets 55.2% in 9M on Strong Lending

12 October 2008

According to an Ukrsotsbank (USCB: HOLD) press release, the bank has upped net assets 55.2% YTD over 9M07 to USD 5.4 bln. The bank’s loan portfolio grew to USD 4.2 mln (+68.9% YTD): retail lending rose to USD 2.3 bln (+67% YTD) while corporate loans increased to USD 1.9 bln (+71% YTD).

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