NOMOS-BANK Small Business Loans Reached RUB 36,5 bn in 1H
OREANDA-NEWS. September 17, 2012. NOMOS-BANK’s small business loans grew by 22.1% in 1H 2012 to RUB 36.5 billion (December 31, 2011: RUB 29.9 billion), reported the press-centre of NOMOS-BANK.
"In 2012, small business segment demonstrated effective and profitable growth. Today, small business product range responds the demands of diverse customer base and available to clients in different regions of Russia." said Head of small business division, Roman Lesokhin.
Small business segment remains to be one of the fastest growing segments of the Group. The share of small business loans in total loan portfolio comprised 7.2% as of June 30, 2012.
Operating income before provision for impairment losses amounted to RUB 2.2 billion, or 10% of the Group’s four core business segments.
Net income for 1H 2012 amounted to RUB 0.6 billion up 8.3% compared to 1H 2011. As of June 30 2012, NOMOS-Bank served about 80,100 small business clients.
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