OREANDA-NEWS. May 08, 2013. Uniastrum’s first quarter net interest income came to Rb 1 bn, up 6% year-on-year, while net commission earnings totaled Rb 398 bn, or 28% more than in Q1 2012.

In the past six months capital adequacy ratio grew 1.32%, reaching 12.22% as of April 1, 2004.

Uniastrum continues to focus heavily on developing its retail products and optimizing its small business lending activities. Since year-start 2013, the Bank’s consumer credit portfolio has expanded Rb 600 mn, while total loans disbursed in Q1 2013 totaled Rb 1.3 bn, or virtually triple the amount issued in the prior-year period.

“We are happy with our first quarter results,” notes Uniastrum President Gagik Zakaryan. “The Bank is moving forward with its avowed three-year strategy, which is geared first and foremost to rolling out the retail segment and fine-tuning our SME operations.”