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Moldova's Universalbank Swings to 9-mo Profit - Table

Oct 21, 2008, 1:36:50 PMArticle by Kristina Belkina
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October 21 (SeeNews) - Moldovan commercial bank Universalbank turned to a net profit of 39,330 lei ($3,800/2,900 euro) in the first nine months of 2008 from a loss of 5.4 million lei a year earlier, the bank said on Tuesday.

Moldova's Universalbank Swings to 9-mo Profit - Table

Following are figures from Universalbank's balance sheet and income statement (in millions of lei):

Jan-Sept'08 Jan-Sept'07
Net Profit/Loss 0.039 -5.4
Interest Income 23.4 25.2
Total Assets 241.0 273.9
Credit Portfolio 145.0 187.7
Deposits 87.96 150.4

Universalbank is the 15th largest bank by assets among 16 banks operating in Moldova. It has three branches, two of them in the capital Chisinau. The bank also has three representative offices.

(1 euro=13.7061 Moldovan lei)

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