Tatfondbank’s Assets Grew by Third at Year-End
OREANDA-NEWS. January 22, 2015. Tatfondbank considered its performance in 2014. At the year-end, the Bank’s assets grew by 34.3%, exceeding RUB 173.2 billion. The equity increased by 32.2% to total RUB 20.7 billion. The Bank’s profit for 2014 totalled RUB 420.8 million.
The Bank’s lending portfolio increased by 11.4% to total RUB 90.8 billion, with its corporate lending portfolio having increased by 16.3%, up to RUB 66 billion, and its retail lending portfolio has not changed.
At 1 January 2015, the amount of funds attracted from retail and corporate clients was RUB 90.5 billion, having increased by 35.3% over the year. The funds attracted from retail clients (deposits and balances of bank cards) totalled RUB 57.2 billion, having increased by 14.8% over the year. Funds attracted from corporate clients (deposits and balances of settlement accounts) totalled RUB 33.3 billion, having increased by 95.2%.
“The growth of key performance indicators reflects the Bank’s steady positions and its adaptability to new economic realities. We are closely monitoring the changes in the economy and banking sector and, obviously, we will introduce amendments to the medium-term Strategy approved for 2013-2015, and will continue its implementation”, said Vyacheslav Vdovin, Deputy Chairman of Board of Management of JSC AIKB Tatfondbank.
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