Nomos Bank posts 1Q 2011 net profit of 3.241 billion roubles

Russia’s Nomos Bank has posted a 1Q 2011 net profit of 3.241 billion roubles under IFRS.

The net result is up from the 2.053 billion rouble net profit posted for 1Q 2010 with net interest income rising from 1.776 billion roubles posted for the 1Q 2010 to 5.623 billion roubles in the 1Q 2011, its credit portfolio increasing 4.6% quarter on quarter to 355 billion roubles in 1Q 2011, and deposits increased from 313.4 billion roubles posted for the 4Q 2010 to 314.6 billion roubles in the 1Q 2011.