Consolidated profit of First Investment Bank jumped four times y/y, the company's September report released today reveals. Consolidated earnings stood at 9.219 mln leva on September 30 last year, while on September 30 this year, the figures reached 34.210 mln leva (17.491 mln euros).

Revenue from interest rates etc. stands at 193.952 mln leva (99.166 mln euros), versus 141.241mln leva (72.215 mln euros) a year ago.

According to the latest consolidated report, net revenue from fees and commissions amounts to 35.447 mln leva, against 27.778 mln leva a year ago. Revenue from fees and commissions is at 42.298 mln leva, and costs on the same, at 6.851 mln leva. Last year, by comparison, the figures were 32.030 mln leva and 4.252 mln leva, respectively.

Total revenue from bank operations amounted to 141.926 mln leva, versus 93.541 mln leva a year ago.

Administrative costs jump from 57.073 mln leva a year ago, to 73.794 mln leva. Losses from depreciation total 25.659 mln leva, compared with 22.993 mln leva last year. Other costs stood at 4.179 mln leva, which is nearly 2.2 mln leva up from last year.

On September 30, the bank's assets stood at 3.698 bln leva (1.890 bln euros), which is 550 mln leva up from end of 2006. At the end of September the bank's credit portfolio is estimated at 2.695 bln leva (1.377 bln euros), versus 1.710 bln leva nine months ago.

FIB's capital adequacy coefficient is 13.47%.

The bank opened 20 new offices in the country and abroad during the first nine months of 2007, raising their number to 124 in total.

Shares rose 0.64% today to an average of 10.94 leva at a turnover of 29,850 units.