Corporate Commercial Bank AD posted net profit in the amount of 11.141 mln leva (5.696 mln euros) in the year's 1H, against 1.746 mln leva (897,715 mln euros) a year ago, shows the company's report filed with the BSE.

Revenues from interest grew more than 84% over the period and reached 34.9 mln leva (17.844 mln euros), compared with 18.9 mln leva (9.663 mln euros) for the respective period a year ago. Net non-interest revenue dropped from 4.2 mln leva (2.147 mln euros) last year to 3.66 mln leva (1.871 mln euros).

Operating costs are in the amount of 11.076 mln leva (5.663 mln euros), compared with 10.808 mln leva (5.526 mln euros) in 2006 1H.

The bank's assets grew 17% to 1.18 bln leva (603.324 mln euros) from 1.006 bln leva (514.359 mln euros) over the past 12 months.

CCB's core capital stands at 60 mln leva (30.677 mln euros) allocated in 6 mln shares with a face value of 10 leva. Shared capital grew from 42.9 mln leva (21.934 mln euros) a year ago, to 144.4 mln leva (73.830 mln euros) after CCB increased capital in an initial public offering on the BSE.

In May the bank filed an IPO in which 1 mln shares were subscribed at 58.50 leva.

On the Bulgarian Stock Exchange trade with the stock of Corporate Commercial Bank started June 18 with the price around 77 leva per share.

A total of 8290 shares changed hands today at an average of 90.17 leva which rates the bank's market capitalization at 541 mln leva (276.608 mln euros).