Bank UralSib IFRS net profit doubles to 6.6 bln rbl in Jan–Sep

MOSCOW, Nov 29 (PRIME) -- The net profit of Russia’s Bank UralSib doubled on the year to 6.619 billion rubles in January–September, as calculated under International Financial Reporting Standards (IFRS), the bank said in a report on Thursday.

The net interest income rose 28.6% to 16.956 billion rubles, and the net commission income increased 20.5% to 5.626 billion rubles.

The bank’s assets fell 6% in January–September to 466.366 billion rubles as of September 30, and liabilities decreased 9% to 381.055 billion rubles.

(66.9436 rubles – U.S. $1)

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