Date: 3 months ago   Category: Finance

The net profit of group Alfa-Bank in the I half-year has increased by 50,9% — to $658 million — Rambler News Service


The net profit of group Alfa-Bank following the results of the I half-year 2018 has increased by 50,9% in comparison with the same period of last year and has made $658 million, it is said in the statement of the company. The volume of net interest income following the results of the I half-year has increased by 27,7% — to $996 million. Increase in an indicator has happened due to growth of interest income at reduction of percentage expenses against the background of interest rates reduction in comparison with the I half-year 2017. Net commission income for the reporting period has increased in annual terms by 10,9% and has made $439 million. Total assets of group Alfa-Bank for half a year have grown by 0,8% — to $45,08 billion as of June 30, 2018. Without FX effect growth of assets was 6,4%. The loan portfolio of group to a deduction of reserves has increased by 3,2% in comparison with an indicator for the end of 2017 — to $29,47 billion.

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