Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Rosbank Became the Most Unprofitable Bank in Russia
17.06.2011 15:44
Rosbank Became the Most Unprofitable Bank in Russia

 Rosbank, privately owned bank in Russia, is a leader among Russian banks by size of losses in 2010 year. 

      This happened after Rosbank's financial statements adjustment. As a result, instead of net profit of 2,5 billion rubles, a loss of 7,2 billion rubles has been found. 

      According to the annual report of Rosbank, this is a result of an accrual of reserves for possible loan losses. The report says that profits from the recovery of reserves amounted to 13, 143 billion rubles, while the expenditures amounted to 21, 985 rubles.

Author: Ksenia Dzhalagonia

Tags: Russian banks profit    

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Jan Van Duyts  Leningrad Region  Komsomolsk-on-Amur   Russian Choreographers  Uryupinsk  Planeta LeD  Olympics 2012  Musical Theaters  Domodedovo  Spacecrafts  Russian tourism  investment  Russian science  Architecture of Chelyabinsk  thermonuclear fusion  Russian Railways  Russian politics  Spartak Moscow  Hepatitis  Russian investment companies  Russian history  Vladimir Potanin  Sokolniki  Charity  Sochi Olympic Games 2014  Open Air Festivals  Russian business  Veliky Novgorod  Russian economy  Russians  Jazz  gastronomic festival  Russian souvenirs  sanctions  Russian Cinema  Irina Prokhorova  Project Financing Bank  5th Moscow Biennale  Russian Actresses  St. Petersburg  Russian scientists  Joan Miro  Aleksey Mikhailovich Tishayshy  Aida Garifullina  Tatarstan  Mercedes-Benz Fashion Week Russia  Primorsky Territory  Exhibitions in Moscow  Tsaritsyno  Moscow 

Travel Blogs
Top Traveling Sites