Tatfondbank Increased SME Lending Portfolio by Over 20%
OREANDA-NEWS. July 15, 2013. AIKB Tatfondbank has increased its portfolio of loans issued to small- and medium-sized enterprises by 21.3% from the beginning of the year, up to RUB 16.5 billion.
“The growth of the lending portfolio, in our opinion, is connected with the improved conditions of lending, the launching of new products, packaged solutions, which combine several popular options, as well as with the vigorous promotion of the Bank”, says Viktoriya Moiseyenko, Director of Corporate Business Department of Tatfondbank.
The Bank also showed growth in the other segments of its corporate business. The aggregate corporate lending portfolio has grown by 7.5% from the beginning of the year, up to RUB 54.8 billion. The amount of funds attracted from corporate customers has exceeded RUB 20 billion, having increased by 14% from the beginning of the year. The number of the Bank’s corporate customers, as at 1 July 2013, has exceeded 23 000.
Tatfondbank renders all basic forms of banking services for organisations and entrepreneurs. According to its development plan, the Bank intends to increase its corporate lending portfolio (including SME lending) up to RUB 57 billion by the end of 2013.
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