LOCKO-Bank Is in TOP-20 as SME Crediting Bank
OREANDA-NEWS. LOCKO-Bank took the 20-th line in the SME crediting rating among Russian banks as of 1H2013 published by Expert RA Rating Agency. Loans to small and medium enterprises amounted to RUB 11.3 bn., by over 21% increase versus 1H2012.
Irina Loskutova, Deputy Chairman, commented: "It is pleasant that we keep our leading positions in SME market. Loan portfolio growth is the result of our work in two main directions: finding and structuring of SME client needs and business process optimization. Current changes – only a part of modernization that LOCKO-Bank has planned and performs for mutual collaboration with SME clients, and they have already had a positive influence on our business growth".
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