Rodovid BankвЂ™s Net Income up 2.8x yoy in 2007

31 January 2008

According to a bank press release, Rodovid Bank’s (RODB: BUY) net income rose 2.8x yoy to USD 12.3 mln in 2007. Net assets grew 171% yoy to USD 2.0 bln, while the bank’s loan portfolio expanded 167% yoy to reach USD 1.5 bln.

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