NOMOS Retail Loans Reached RUB 71 bn in 1H
OREANDA-NEWS. September 20, 2012. NOMOS’s retail loans grew by 22.3% in 1H 2012 to RUB 71 billion, outperforming the market average of 18.4%. The share of retail loans was 14% of the Group’s four key business segments (corporate, retail, small business and investment banking) as of June 30, 2012, reported the press-centre of NOMOS.
"We continue to successfully develop retail business, offering retail customers a wide range of banking products and services which correspond the current market conditions and customer demand. To ensure a high growth rate and increasing market share, Group focused on its key priorities which were further development of remote sales and service channels, including mobile devices and ATMs, and strengthen the NOMOS-BANK brand," said Senior Vice-President of NOMOS-BANK and Member of the Board, Vadim Yuriev.
Customer deposits of retail segment grew by 10.4% in 1H 2012 to RUB 147.2 billion, outperforming the market average of 8.1%. The share of customer deposits of the retail segment comprised about 40% of the Group’s four key business segments. Customer accounts remaines to be one the most stable and diversified source of funding for the Group.
As of June 30 2012, the number of retail clients was approximately 1.5 million. The Group’s distribution network included 296 branches and more than 17,000 ATMs (including the Russia-wide ATM network). NOMOS had 1,787 ATMs as of June 30, 2012.
Operating income before provision for impairment losses comprised RUB 5.1 billion, or 23.4% of the Group’s four key business segments.
Net profit of comprised RUB 1.3 billion for 1H 2012, up more than five-fold year-on-year.
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