OREANDA-NEWS. December 30, 2010. A survey report on Russia’s “Most Profitable and Successful Banks in 9M10” released by RosBusinessConsulting news agency shows Uniastrum ranking 67th among the country’s 100 top-performing lenders

Buoyed by sustained credit portfolio growth, Uniastrum Bank placed 44th by net asset value in Russian Bank rankings for 9M10, up 4 notches on year-start 2010, with NAV climbing to Rb 80.4 bn, an increase of 15%, as of October 1, 2010.

During 9M10 Uniastrum’s overall credit portfolio expanded 28% to Rb 54.1 bn. The Bank is among Russia’s Top-30 retail lenders, retaining 29th position. As of October 1, 2010 corporate loans accounted for around 65% of Uniastrum’s total credit portfolio, securing the lender 33rd place for this metric relative to other major Russian banks. In the reporting period Uniastrum’s corporate credit portfolio grew around 40%.

“9M10 results demonstrate solid growth in our core business lines,” says Eugene Tutkevich, Chairman of Uniastrum’s Management Board. “In 2011 we intend to continue rolling out our retail and SME segments. Next year will see us focused heavily on installing new technology, improving service quality network-wide, and launching innovative products.”