Tatfondbank Assets Growsby 17% at Year-End
OREANDA-NEWS. January 21, 2014. AIKB Tatfondbank considered its performance in 2013. At the year-end, the Bank’s assets grew by 17.3% to total RUB 129 billion.
The Bank’s net profit for 2013 totalled RUB 640.3 million, which is by 33.2% more compared to 2012.
The charter capital of the Bank increased 1.5-fold, up to RUB 12.6 billion, as a result of an additional share issue, and its equity grew by 30.6% to total RUB 15.6 billion.
The Bank’s lending portfolio increased by 20.5% to total RUB 81.5 billion, with its retail lending portfolio having increased by 47.9%, up to RUB 24.7 billion, and its corporate lending portfolio – by 11.5%, up to RUB 56.7 billion.
The amount of funds attracted from retail clients (deposits and balances on banks cards) grew by 22.2% and totalled RUB 49.8 billion.
In 2014, Tatfondbank will continue to further increase the portion of retail and corporate lines of business in its assets and income. This year the Bank plans to increase its assets up to RUB 149.6 billion, retail lending portfolio – up to RUB 35.6 billion, corporate lending portfolio (including SME lending) – up to RUB 60.2 billion, and open new offices in the territory of Russia.
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