TransCreditBank boosts 1H 2011 net profit to 3.1 billion roubles on lending

TransCreditBank, Russian transport and railway Bank, has posted 1H 2011 net profit of 3.1 billion roubles under IFRS. The bottom line was up almost 11.6% year on year, with net interest income growing 36.9% to 9 billion roubles from 6.6 billion roubles in 1H 2010, with assets increasing 9.2% year on year to 426.9 billion […]