According to 102 reporting form the Bank’s net income (after tax deductions) reached RUB 1,974.9 mln, which is lower than the net income for the 3Q of 2012 by 15.7%. The main reason for decline in net income is 189.5% growth of impairment losses: RUB 3,595.2 mln as for 9 months of 2013 compared to RUB 1,241.8 mln as for 9 months of 2012.
Due to the growth of the loan portfolio net interest income grew by 27.5% yoy to RUB 6,148.2 mln. Net fee and commission income of Asian-Pacific Bank grew 25.8% yoy and reached RUB 2,288.1 mln.
Return on average equity reached 22.5% (annualized) as for the nine months of 2013, return on assets is 2.6% and cost-to-income ratio is 37.3%.
According to preliminary financial results from reporting form under RAS the Bank’s assets increased by 27.8% ytd and reached RUB 112,685.2 mln.
Loan portfolio before impairment provisions increased by 31.6% ytd and amounted for RUB 79,485.1 mln.
The amount of deposits by individuals increased by 13.6% ytd to RUB 47,975.1 mln while the amount of deposits by corporate clients (which are not credit institutions) reached RUB 31,165.7 mln, exceeding the previous year results by 32.4%.

The Bank’s equity amounted for RUB 12,781.0 mln as for the reporting date (20.0% growth ytd). RAS capital adequacy ratio (N1) is 11.8%.