Rodovid Bank Boosts Net Income Twofold in 1H07
13 July 2008
Rodovid Bank (RODB: BUY) increased its net income 2.3 times yoy to USD 4.3 mln in January-June, according to a company press release. Rodovid Bank’s first half net income is in line with our annual forecast of USD 11.4 mln. During the period, the bank’s assets grew 65% yoy to USD 1.2 bln.
