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Rosbank more than doubles pre-tax profit to $221.5 mln in 2006

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MOSCOW, January 23 (RIA Novosti) - Rosbank said Tuesday its pre-tax profit grew more than 100% year-on-year in 2006 to 5.87 billion rubles (about $221.5 million).

Rosbank, one of Russia's top 30 banks according to the Central Bank, said its shareholder equity gained 22% in the reporting period, reaching 24.93 billion rubles (about $940.8 million) as of January 1, 2007.

The bank, which is majority-owned by Russian financial holding Interros (69.85%), said the value of its assets expanded 48% in January-December 2006 to 379.16 billion rubles (about $14.3 billion).

France's Societe Generale holds 20% minus one share in Rosbank.

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