At a press-conference held today by JSCB Promsvyazbank, its president, Alexandr Levkovsky, has summarized the results of the Bank’s operations and spoken of its future prospects.
Mr Levkovsky has pointed out that Promsvyazbank ranks steadily among Russia’s top 20 banks. According to the 2004 report prepared under the IAS the Bank’s assets and equity grew by 38.9% and 34%, accordingly, with the profits increasing by 68.6%. The Bank’s core area of business – corporate customers services – demonstrates a steady growth. According to the results of the first quarter of 2005 Promsvyazbank’s credit portfolio reached RR32,1 billion.
