November 1 (SeeNews) - Bulgaria's Central Cooperative Bank, part of industrial conglomerate Chimimport, said its nine-month net profit more than doubled from the year-ago period and reached 18.5 million levs ($13.7 million/9.5 million euro), backed by strong credit growth.
Following are figures from the bank's balance sheet and income statement filed with the Bulgarian Stock Exchange (BSE) (in millions of levs):
|
Jan-Sept'07 |
Jan-Sept'06 |
2006 |
NET PROFIT |
18.525 |
8.530 |
11.914 |
TOTAL CREDITS |
883.267 |
524.362 |
554.112 |
DEPOSITS |
1,276.992 |
909.469 |
927.228 |
TOTAL ASSETS |
1,416.432 |
1,087.748 |
1,131.654 |
* Note: Figures are not fully comparable due to different methodology used in the reports.
Central Cooperative Bank was the 10th largest bank by assets in the country at the end of September, sharing the place with Corporate Commercial Bank. Bulgaria has 25 locally-registered banks and branches of five foreign banks.
The bank, part of the blue-chip SOFIX index of the BSE, last traded at 12.02 levs at 1007 GMT on Thursday, up 0.17% from the close.
(1 euro=1.95583 Bulgarian levs)