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Otkritie Bank Announces Net Profit for 2020
In the first two months of 2020, Otkritie Bank earned 4,6 billion rubles in net profit. With a threshold capital adequacy ratio of 11,5%, he met 13,4%.
According to the press service of the bank, income before deductions to reserves for the first two months of the new year amounted to 19,1 billion rubles. This amount is 15% higher than the result for the same period last year.
In addition, the bank's assets increased by 1%, and the loan portfolio - by 10 billion - to 1,4 trillion rubles. The retail loan portfolio exceeded 400 billion rubles. Cash on accounts and deposits of Otkrytie's clients increased by 17 billion rubles and reached 1,8 trillion rubles.