Financial Soundness Indicator

End 2004

End 2005

Capital adequacy (CA)

–        Regulatory capital to risk-weighted assets

–        Regulatory Tier I capital to risk-weighted assets

–        Nonperforming loans net of provisions to capital

27.6%

27.6%

14.1%

22.4%

22.4%

-7.2%

Asset quality (AQ)

–        Nonperforming loans to total gross loans

–        Sectoral distribution of loans to total loans

10.7%

Ref*

3.0%

Ref*

Earnings and profitability (EP)

–        Return on assets

–        Return on equity

–        Interest margin to gross income

–        Non-interest expenses to gross income

5.2%

5.7%

61.7%

56.4%

7.2%

12.0%

59.4%

47.4%

Liquidity (L)

–        Liquid assets to total assets (liquid asset ratio)

–        Liquid assets to short-term liabilities

44.7%

67.9%

31.6%

47.4%

Sensitivity to market risk (SMR)

–        Net open position in foreign exchange to capital

0

5.0%