Assets of Unibank Exceeded 115,3 bn Drams
OREANDA-NEWS. February 08, 2011. As per the results of 2010 the assets of “Unibank” exceeded 115.3 milliard drams having surpassed the index of the preceding year by 6%, reported the press-centre of Unibank.
In the reporting period the credit investments volume of the Bank made 75,5 milliard drams, the growth as compared with the beginning of the year was 11.4%. The capital of “Unibank” increased by 35.8% amounting to 15.8 milliard drams. The liabilities of the Bank by 31.12.2010 made 99,6 milliard drams, the deposits volume - 82.3 milliard drams of which 43,2 milliard drams were the deposits of physical persons. As per the results of 2010 the income of “Unibank” made 1.6 milliard drams.
In 2010 international rating agency Moody’s Investors Service issued “Unibank” financial stability rating E+, long-term rating Ba3 and short-term rating NP on deposits in national and foreign currency. All the ratings have prognosis “Stable”.
In 2011 “Unibank” will advance active development of retail business as well as small and medium business crediting. The activity of the Bank will be mainly directed to the customers’ database growth via further promotion of innovation banking products and offers on small and medium business crediting. The Bank will focus upon further expansion of branch network and service quality increase. 8 new territorial subdivisions are scheduled to open this year thus amounting to 42 branches.
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