OREANDA-NEWS. February 08, 2007. Rosbank’s retail loan portfolio grew by more than 20% on the year in 2007 to 99 billion rubles as of January 1, reported the press-centre of Rosbank.

Last year, the bank issued 836,000 retail loans worth 66,7 billion rubles.

The car loans are still most frequent in the bank"s portfolio of credits. The car loan content of that portfolio amounted to 43,4% as of the end of the year 2007 and reached a total of 42,9 billion rubles. Non-purpose loans amounted to 32,2 billion rubles, or 32,6% of the retail loan portfolio.

Funds from individual clients grew 10,7% on the year to 70,1 billion rubles as of January 1.

Rosbank intends to increase its retail loan portfolio 30%-40% on the year in 2008, the bank’s Deputy CEO Vladimir Golubkov said.

In 2007, Rosbank kept its leading position on the Russian market of corporate and municipal loans. The bank arranged loans for 14 corporate borrowers and 13 Russia"s regions and municipal institutions for the total sum of 48 billion rubles. As an underwriter, the bank arranged 46 bond issues worth 25 billion rubles with the nominal value exceeding 124 billion rubles, which represents 24% of overall ruble-denominated bond issues arranged in 2007.

In 2007, Rosbank annual turnover on operations with precious metals reached 7,8 billion rubles (5,3 billion rubles in 2006). The bank sold 15,4 billion rubles worth of physical gold and 4,3 billion rubles of physical platinum in 2007, compared to respectively 15,5 billion rubles and 4,3 billion rubles a year earlier. Rosbank said balances on clients" metal accounts grew by 157% in 2007, to 7,7 billion rubles.

Rosbank’s mortgage loan portfolio grew 80% in 2007 to more than 9 billion rubles as of January 1.

In 2007, loans to purchase accommodation under construction represented 38% of Rosbank’s mortgage portfolio, while loans to purchase accommodations already constructed - 62%. 58% are ruble-denominated loans and 42% of loans were given in US dollars.
 
As of the beginning of the year, Rosbank offered mortgage loans in Russia"s 68 largest cities. The bank disbursed 60% of all mortgage loans outside of Moscow in 2007.

As of January 1, 2008, credits issued by Rosbank to small and medium-size businesses exceeded 7,6 billion rubles, which is 36% up compared to the same period in 2007.

In 2007, the volume of corporate credit portfolio of Rosbank climbed almost 2-fold and as of 1 Jan 2008 totaled $5,2bln (compared to $2,8bln as of January 1, 2007). The banks credits to traders account for 16,8% from the overall corporate credit portfolio. The share of credits to developers is 11,8%, those to the industrial defense complex - 8,3%, to oil and oil chemistry businesses – 5,2%, to colored metals producers – 4,9%, to leasing companies – 4,2%. The credits given to public authorities of the Russian regions amounted to $308 million, 5,9% from the total corporate credit portfolio of the bank.

As of Jan 1, 2008, Rosbank issued 3,404 mln. plastic cards which generate an annual payment flow of 119,72 billion rubles in 2007.