Procommercebank

BANKING SERVICES AND FINANCIAL
SUPPORT FOR SMALL BUSINESS IN RUSSIA


Кредитный информационный центр (495)644-25-25


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Центр обслуживания клиентов (495)644-25-26

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Despite an extremely difficult year for banks like ours, servicing Turkish businesses in Russia, ProCommerce Bank completed 2016 with positive net operating income and stable financials.

  • Despite a contracting economy in 2016, ProCommerce Bank completed the year with positive financial results: Net Interest Income of Rub 69.0 million, Net Commission Income of Rub 62.5 million, and Operating Income resulting in Rub 140.9 million, which is only 10.4 % below their 2015 levels.
  • Bank’s Net Operating Income resulted in Rub 21.2 million, whereby operational expenses were decreased by 1.8 % as compared to 2015.
  • Total Gross Loans exceeded Rub 440 million, slightly higher than 2015, and considerably changed in its structure, whereby share of loans to SMEs increased as below:
          84.3% - Small and Medium size business loans (SME)
          15.7% - Loans to individuals
  • Ratio of Non-performing Loans decreased to 6.5% from its end of 2015 levels of 7.9%.  In line with CBR audit recommendation bank fully (100%) established provisions for all loans that didn’t satisfy CBR requirements, covering even those loans that never had any arrays in their payment graphics.  
  • Main business model of the Bank continued to be servicing and crediting of Small and Medium size enterprises (SMEs), with emphasis on firms with Russian origins.
  • As of the end of 2016 the Capital Adequacy ratio stood at level over 40% giving Bank amplitude opportunity to grow its business further without the need of any capital increase.

 

 

 

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USD USD
66,50 0,26
EUR EUR
75,62 -0,09
Date: 12.12.2018
Source: ЦБ РФ




ПроКоммерцБанк
Россия, 127422, Москва
ул. Тимирязевская Д.1
тел. +7 (495) 644 25 25
факс. +7 (495) 644 25 09
 
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