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11 June 2004 02:50
Petrocommerce Bank ups dividends
The bank increased its net profits to 1.43 billion rubles in 2003 from 1.06 billion rubles in 2002. The bank will spend 30% of its net MOSCOW. June 11 (Interfax) - Petrocommerce Bank has increased dividends to be paid out for 2003 34% to 430 million rubles, compared to 320 million rubles in 2002, a bank press release says. profits on dividends for the second year in a row. Bank Petrocommerce was ranked 14th by asset volume in the Interfax- 100 list of Russia's banks in the first quarter of 2004. The list is compiled by the Interfax Center for Economic Analysis. [RU ASIA EUROPE EEU EMRG BNK CORA DIV] rm
[Interfax]
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