×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Nomos Income Up 35%

Nomos Bank, the lender part owned by Alexander Nesis, increased net income by 35 percent last year as net fees and commissions rose, outweighing a decline in net trading income.

Net income climbed to 10 billion rubles ($345 million) from 7.4 billion rubles a year earlier, the Russian lender said Tuesday.

Net interest income almost doubled to 28 billion rubles, and return on average equity was 18.2 percent last year, Nomos said. Nonperforming loans amounted to 2 percent of lending at the end of 2011, down from 2.4 percent a year earlier, the bank said.

(Bloomberg)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more