Investing.businessweek.com — Credit Bank of Moscow Reports Earnings Results for the Nine Months of 2014
Credit Bank of Moscow announced earnings results for the nine months of 2014. For the period, the company reported increase of net income 13.2% yoy to RUB 6,371 million against RUB 5,626 million, last year. This was mostly due to the net interest income growing 49.1% to RUB 17,620 million against RUB 11,815 million, last year and to the net fee and commission income increasing 11.5% to RUB 5.2 billion. Return on equity, as of nine months of 2014 was 15.8% against 17.6%, for the nine months of 2013. Return on assets, as of nine months of 2014 was 1.8% against 2.2%, for the nine months of 2013.