IFRS net profit of OTP Group in Russia for H1 2019 amounted to RUB 3.2 billion increasing by 9% year-on-year, the bank reported.
Net fee & commission income increased by 15% in ruble terms to reach RUB 3.4 billion.
Net interest income increased by 8% in ruble terms to reach RUB 12.3 billion.
The Bank's loan portfolio increased by 19% to RUB 153 billion; in particular, retail loans increased by 21% to RUB 139.1 billion, corporate loans by 3% to RUB 14.3 billion.
OTP Bank is a universal credit institution providing a wide range of banking services and products to corporate clients and individuals. OTP Bank (Russia) is operating as part of OTP Group, an international financial group, one of the leaders in the market of financial services in Central and Eastern Europe. The bank is a member of Russia's deposit insurance system.
"AK&M", 13.08.2019 18:17