The financial result of Corporate Commercial Bank has surpassed the prognoses, and a number of other indicators are also above the bank's expectations for the entire 2007, the non-consolidated report on October 31, 2007 showed.

Net profit rose substantially and reached 22.017 mln leva (11.275 mln euros), which is by 284 thousand leva more than a year ago.

The average amount of assets in the first ten months of the year stood at 1.201 bln leva (614,061 euros), while the bank had projected 1.086 bln leva (555,262 euros) for the entire year.

Corporate Commercial Bank has a core capital in the amount of 155.342 mln leva (79,425 euros), which is more than twice the capital last year. Financial coefficients of return on own capital and return on assets also surpass expectations. The first is at 21.91% (17.22% in the plan), and return on assets is at 2.20% (versus 2& expected).

Financial indicators are expected to continue rising at the same pace till the end of the year, and there are reasons to believe that the bank's profit will continue to increase.